Example Of Article Of Incorporation Professional Limited Liability

Example Of Article Of Incorporation Professional Limited Liability

An exception to this rule is a professional limited liability company (PLLC), which needs to specify the professional services it provides.

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The business must file articles of organizationalso called a certificate of formation or a certificate of organization, in some statesand pay a fee with the filing office of the state where the business is located.

This is usually the Secretary of States office, although it varies by state.

For example, Maryland businesses must file with the State Department of Assessments and Taxation, while Arizona businesses file with the Arizona Corporation Commission.

While the filing requirements vary by state, there is basic information that is required by every state.

This is the physical street address where your business operates and where the company records are stored.

The mailing address cannot be a post office box (P.O.) or in care of (co).

If you work out of your home, your home office is your principal place of business.

The agent must be located in the state where your LLC is headquartered, authorized to act as an agent in this state, and available during business hours.

You must have a designated registered agent in each state where the LLC is authorized to conduct business.

As with the principal place of business, you must provide a physical street address for each registered agent.

The registered agent can be a member of the LLC, an outside individual such as your attorney, or a registered agent company.

An LLC can be managed either by its members or by its managers.

You need to indicate which management type applies to your LLC.

Members share responsibility for running the business under the member-managed modelthe most common typewhile members appoint a member or a group to run the business under the manager-managed model.

For example, in California, the articles of organization must also include a statement of business purpose, or the reason why the business was organized.

The business purpose can be written either to be industry specific or as a general statement.

Where a business purpose statement is required, most states accept a general, all-encompassing statement such as to pursue any and all legal business activity.