What is Articles of Organization?
The Short Answer
Articles of Organization explained simply
The Articles of Organization are a foundational legal document. You file it with the state to officially create your Limited Liability Company (LLC). Think of it as the birth certificate for your business. It makes your LLC a legal entity separate from its owners. This document typically includes the LLC's name, its principal address, the name and address of its registered agent, and sometimes details about its members or managers.
Real-World Example
Forming "Venturu LLC"
Let's say Luis and Joel want to start "Venturu LLC." They would draft and file Articles of Organization with the Secretary of State in their chosen state. This document would list "Venturu LLC" as the business name, their office address, and the name of their registered agent. Once filed and approved, "Venturu LLC" officially exists as a legal business entity.
Why this matters
This document is crucial because it legally establishes your LLC. Without it, your business doesn't officially exist as a separate entity. It also provides important legal protections, like limiting personal liability for business debts.
Make sure all information in your Articles of Organization is accurate and consistent with your business plan. Errors can cause delays or legal issues down the road.
Make sure all information in your Articles of Organization is accurate and consistent with your business plan. Errors can cause delays or legal issues down the road.
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