The default laws of the Arizona Revised Statutes will be followed in the absence of an operating agreement. These regulations might not apply to all LLCs and they might not cover particular requirements or situations. As a result, it’s critical to create an operating agreement that meets the specific requirements of the LLC.
The Arizona Corporation Commission must receive the Articles of Organization when an LLC is established there. The LLC’s name, major location of business, and the members’ names and addresses are all listed in the Articles of Organization.
It’s vital to keep in mind that directors are normally linked to corporations, not LLCs, while looking for a company’s board of directors. Members of an LLC are the owners and/or managers of the company. The operating agreement or the annual report submitted to the Arizona Corporation Commission will list the officers and managers if the LLC has designated them, along with their titles.
Knowing if you are an LLC’s management or officer is important if you are a member of the entity. The operating agreement or the yearly report submitted to the Arizona Corporation Commission will contain this information. It is crucial for you to comprehend your obligations as a member of the LLC.
You can check the Arizona Corporation Commission’s online database to find a company’s legal name. You can use the database to search for corporations and LLCs by name, entity number, or keyword. You can see the company’s Articles of Organization, annual reports, and other crucial papers once you’ve located it in the Arizona Corporation Commission’s database.
In conclusion, even though an LLC operating agreement is not legally necessary in Arizona, it is strongly advised to have one to ensure the smooth operation of the company and prevent future member disputes. Basic details regarding the LLC are provided in the Articles of Organization, and the operating agreement or annual report will disclose the officers’ or managers’ names. The Arizona Corporation Commission’s online database can be used to look up the legal name of the LLC, and members should be aware of their positions and duties within the LLC.