Business Law

Does a single member LLC need an operating agreement? Unlike the articles of organization, an operating agreement generally is not required in order to form an SMLLC, nor is it filed with the state. Instead, an operating agreement is optional-though recommended. If you choose to have one, you’ll keep it on file at your business’s … Read more

Does Mississippi require articles of organization? The document required to form a corporation in Mississippi is called the Articles of Incorporation. The information required in the formation document varies by state. Read more on www.wolterskluwer.com The state of Mississippi is located in the southern part of the country. It is renowned for having a rich … Read more

Can I name my business an apothecary? Can I use apothecary in my business name? Yes, you can include the word “”apothecary”” in your business name. The state of California in the U.S., however, has a law in place that only allows licensed pharmacies to use the word “”apothecary”” in their business names. Read more … Read more

Can you reopen a dissolved LLC in Michigan? There is no universal reinstatement process because each state has specific laws. LLC ? An administratively dissolved Michigan LLC has to file a Certificate of Restoration of Good Standing with the Department of Licensing and Regulatory Affairs (LARA). Read more on www.domyllc.com In Michigan, dissolution of a … Read more

Do I have to renew my LLC every year in Indiana? The State of Indiana requires you to file a biennial report for your LLC. You can file the report online at the SOS website or file a form (State Form 48725) by mail. The report is due every other year in the anniversary month … Read more

Can you invest in an LLC without being a member? State laws permit LLC members to be individuals, corporations, partnerships and other LLCs. To establish an LLC, founders or their agent must file articles of organization with the secretary of state. Read more on smallbusiness.chron.com Limited Liability Companies, sometimes known as LLCs, have recently gained … Read more

Is LLC operating agreement required in Colorado? Colorado Operating Agreement FAQs. An Operating Agreement is not required in Colorado, but it’s a very good idea to have one. An Operating Agreement legally binds members of an LLC to its terms and takes legal precedence over a state’s default laws regarding LLCs. Read more on www.zenbusiness.com … Read more

What is an LLC Statement of Authority? A statement of authority is a two-page document filed with the Secretary of State (currently a $50 filing fee) alerting third parties which members or employees of a limited liability company (LLC) have authority to bind the company in its business dealings with third parties. Read more on … Read more

Is a Delaware LLC a corporation? The Delaware LLC is the most popular choice because of its simplicity. An LLC is not a corporation, but it shares certain characteristics, including limited liability for its owners. An LLC is governed by a contract called an LLC Operating Agreement that is like a step-by-step instruction manual for … Read more

How many LLC can I have in Florida? The State of Florida allows you to own multiple LLCs. However, whether you’re considering forming one for another business or are seeking to invest in different enterprises, there are things you need to know before making that decision. Read more on flpatellaw.com A Limited Liability Company (LLC) … Read more