A Lima Arizona Members' Resolution Approving Amendment of Operating Agreement is a legal document that outlines the process and requirements for amending the operating agreement of a business or organization based in Lima, Arizona. This resolution is typically prepared and adopted by the members of the entity, who are the owners or shareholders. Keywords: Lima Arizona, Members' Resolution, Approving Amendment, Operating Agreement, legal document, business, organization, owners, shareholders. Types of Lima Arizona Members' Resolutions Approving Amendment of Operating Agreement: 1. Lima Arizona LLC Members' Resolution Approving Amendment of Operating Agreement: This type of resolution is specific to limited liability companies (LCS) operating in Lima, Arizona. The amendment could be related to changes in ownership percentages, management structure, voting rights, or any other provisions outlined in the operating agreement. 2. Lima Arizona Partnership Members' Resolution Approving Amendment of Operating Agreement: Partnerships based in Lima, Arizona may adopt this type of resolution to modify their partnership operating agreement. The amendment may cover issues such as profit-sharing ratios, addition or removal of partners, capital contributions, dispute resolution mechanisms, or any other provisions of the original agreement. 3. Lima Arizona Cooperative Members' Resolution Approving Amendment of Operating Agreement: Cooperative businesses operating in Lima, Arizona can utilize this resolution to amend their cooperative operating agreement. The amendments may include changes to membership criteria, dividend distribution guidelines, board structure, voting rights, or any other provisions outlined in the original agreement. 4. Lima Arizona Nonprofit Organization Members' Resolution Approving Amendment of Operating Agreement: Nonprofit organizations in Lima, Arizona may adopt this resolution to modify their operating agreement. These amendments often pertain to changes in the organization's mission, governance structure, bylaws, voting procedures, or any other provisions outlined in the original agreement. In conclusion, a Lima Arizona Members' Resolution Approving Amendment of Operating Agreement is a legal document used to modify the operating agreement of various business entities based in Lima, Arizona, such as LCS, partnerships, cooperatives, and nonprofit organizations. These resolutions aim to address changes in ownership, management, governance, or other provisions of the original agreement.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.