Limited Liability Commentary

Overview This information summarizes how a limited liability company operates and what needs to be done to preserve the limited liability company status once the documents have been filed by the State and an organizational meeting has been held. To insure the...

WAIVER OF NOTICE OF ANNUAL MEETING OF MEMBERS

We, the undersigned, being all of the members of the above named Limited Liability Company, hereby agree and consent that the annual meeting of the members of the Limited Liability Company be held on the date and time and at the place designated hereunder, and do...

OPERATING AGREEMENT MEMBER MANAGED

RECITAL: The parties to this agreement (the „Members”) are entering into this agreement for the purpose of forming a limited liability company under the Limited Liability Company Act of the state of XXX (the “Act”). AGREEMENTS: 1. FORMATION 1.1 Name. The...

OPERATING AGREEMENT MANAGER MANAGED

RECITAL: The parties to this agreement (the „Members”) are entering into this agreement for the purpose of forming a limited liability company that is to be managed by one or more managers (the “Managers”) under the Limited Liability Company Act of the...

MINUTES OF THE ORGANIZATIONAL MEETING

The organizational meeting of the members of the above named limited liability company was held on the date time and place stated below. There were present at the meeting the following members: being all the members of the Limited Liability Company. The meeting was...