Articles of Organization
Encyclopedia
The Articles of Organization is a document similar to the articles of incorporation
Articles of Incorporation
The Articles of Incorporation are the primary rules governing the management of a corporation in the United States and Canada, and are filed with a state or other regulatory agency.An equivalent term for LLCs in the United States is the Articles of Organization...

, outlining the initial statements required to form an LLC at the State level a limited liability company
Limited liability company
A limited liability company is a flexible form of enterprise that blends elements of partnership and corporate structures. It is a legal form of company that provides limited liability to its owners in the vast majority of United States jurisdictions...

. It is a necessary document for setting up an LLC in many US states.

Some States refer to articles of organization as a certificate of organization.
Most Secretaries of State provide fill in the blank pdf templates to file with the State. Some people use the services of an attorney to draft articles of organization. Articles must be drafted to meet the State requirements to form a LLC. Regardless of what the Articles promulgate, the LLC is bound by the specific State laws that it is formed under. A common misconception is that LLC's formed by improper articles of organization do not have the limitation of liability protection allowed by the State. If the State statute allows for limitation of the members' and managers' liability, the said members and managers are covered under that protection regardless of what articles of organization state.

For terms of similar meaning in other countries, see articles of association
Articles of Association
The Continental Association, often known simply as the "Association", was a system created by the First Continental Congress in 1774 for implementing a trade boycott with Great Britain...

.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
x
OK