LLC Articles of Association are essential formation documents required when establishing a Limited Liability Company in the United States. They serve as the foundational charter that legally creates the LLC and defines its basic framework. This document must be filed with the appropriate state authority and typically includes crucial information such as the company's name, purpose, registered agent, principal office address, management structure, and member details. The specific requirements and format vary by state, and the document must comply with state-specific LLC laws and regulations. It's a prerequisite for obtaining an EIN, opening business bank accounts, and conducting business operations.
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1. Article 1: Company Name and Purpose: Legal name of LLC and primary business purposes
2. Article 2: Registered Office and Agent: Official address and registered agent information
3. Article 3: Duration: Term of existence for the LLC
4. Article 4: Management Structure: Whether member-managed or manager-managed
5. Article 5: Members: Initial members and membership requirements
1. Special Business Provisions: Industry-specific requirements and restrictions for LLCs operating in regulated industries
2. Additional Capital Contributions: Rules and procedures for future capital requirements and member contributions
3. Foreign Operations: Provisions governing operations in multiple states or countries
1. Schedule A: Member Information: Detailed list of members, ownership percentages, and capital contributions
2. Schedule B: Initial Managers: List of initial managers if manager-managed
3. Appendix A: Operating Rules: Detailed operating procedures and policies
4. Appendix B: Special Provisions: Any special requirements or restrictions specific to the LLC
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