LLC vs Articles of Incorporation: Understanding the Difference

Is an LLC articles of incorporation? Does an LLC have articles of incorporation that establish the business as a legal entity? Yes, an LLC must file an organizing document with a state agency. However, in the case of an LLC, the document is called the Articles of Organization, not the Articles of Incorporation. Read more … Read more

Michigan LLC Domestication: Everything You Need to Know

Does Michigan allow LLC domestication? Michigan law has no provisions for entity domestication. If you plan to move your company to Michigan your can choose between qualifying your existing company as Michigan Foreign Entity, or dissolving it in the original state of registration and forming a new company in Michigan. Read more on www.myusacorporation.com There … Read more

Managing Member of an LLC: Roles and Responsibilities

What is a managing member of an LLC? A limited liability company (LLC) managing member is both an LLC owner and someone who keeps the business running on a day-to-day basis. The managerial aspect generally includes having the authority to make decisions and enter into contracts on behalf of the business. Read more on www.legalzoom.com … Read more

How to Remove Yourself from an LLC in Ohio

How do I remove myself from an LLC in Ohio? To resign as a registered agent in Ohio, you must submit a Statutory Agent Update Form to both the Ohio Secretary of State, Business Services Division and the company from which you resign as agent. The resignation must be delivered to the company on or … Read more

Understanding LLC Amendment: Everything You Need to Know

What is an LLC amendment? Filing an LLC amendment allows you to alter the terms of your limited liability company’s (LLC) operating agreement. Your operating agreement is simply meant to be an internal document that records any changes that have been made to the original agreement. Read more on www.upcounsel.com A limited liability company, or … Read more

Is an LLC Operating Agreement Required in Montana?

Is an LLC Operating Agreement required in Montana? An Operating Agreement is essential to the success of any Montana LLC. This legal document details who owns the business, what their responsibilities and rights are in relation to the business, and how the business is run on a day-to-day basis. This is not legally mandated in … Read more

Converting a C Corporation to an LLC: Is It Possible?

Can I convert my C Corp to an LLC? 1. Statutory conversion is a relatively new, streamlined procedure, available in many states, that allows you to convert your corporation to an LLC by filing a few forms with the secretary of state’s office. Each state that permits statutory conversions has its own specific forms and … Read more