Voting Resolutions: Voting resolutions are used to make important decisions in the LLC. Voting resolutions require the approval of a certain number of members for the resolution to pass. Consent Resolutions: Consent resolutions are used when all members of the LLC agree to a certain action or decision.
Most LLC Resolutions include the following sections: Date, time, and place of the meeting. Owners or members present. The nature of business or resolution to discuss, including members added or removed, loans made, new contracts written, or changes in business scope or method.
Single-member LLCs do not need resolutions, but they can still come in handy in certain situations, like if the company must defend itself in court. Documenting changes or actions not covered in the original bylaws or articles of incorporation can help an LLC protect itself from lawsuits or judicial investigations.
Typically, corporations require these documents when an agreement between the owners and the board may enable business transactions and decisions.
Via the operating agreement and the Resignation of Organizer document, you can demonstrate your ownership of the company. Certain clients, mainly international, may also opt for a Certificate of Incumbency. This is similar to a Resignation of Organizer document, but has been notarized and can be apostilled.