Actually, as long as they are specified in the articles of organization, an LLC may have any number of organizers. When a number of individuals or organizations are engaged in the formation of the LLC, this can be helpful. When forming an LLC, for instance, two business partners might each desire to be designated as the organizer.
It is significant to remember that an organizer does not need to be an LLC member. A member owns an LLC, whereas an organizer is only accountable for submitting the required papers to the state. This implies that an LLC may have both members and organizers who are not members.
An LLC’s owner is not always acting as the company’s agent. A person or organization with this authority is known as an agent. Members of an LLC are not necessarily agents, even if they may have the power to act on the company’s behalf.
Even if the agents are not LLC members, the LLC may appoint one or more of them to act as its representatives. When the LLC requires a specific set of abilities or knowledge to complete an operation or transaction, this can be helpful.
While LegalZoom can be a useful tool for some legal needs, it’s crucial to realize its limitations. LegalZoom is not a law company; it is a document preparation service. This means that it cannot give legal advice and that its services cannot be used in place of legal counsel.
Furthermore, LegalZoom’s document preparation services aren’t always customized to meet the unique requirements of each and every client. Important documents like articles of organization may contain errors or omissions as a result, which could lead to issues in the future.
How do agents and members differ from one another?
An agent in an LLC is a person or thing that has the right to act on behalf of the business. On the other hand, a member owns stock in the business. Members are not necessarily the LLC’s agents, even if they may have the power to act in that capacity.
Even if the agents are not LLC members, the LLC may appoint one or more of them to operate on its behalf. When the LLC requires a specific set of abilities or knowledge to complete an operation or transaction, this can be helpful.
You can act on behalf of a corporation if you are an agent for that corporation. This can involve concluding agreements, making choices, and managing business on the corporation’s behalf.
An employee or officer of a corporation may occasionally act as the agent of the corporation. As long as they have the right to act on the corporation’s behalf, it is also permissible to appoint an outside person or organization as an agent.