Most states require S-corporations and C-corporations to take meeting minutes whenever the company's shareholders or board of directors meet, usually once a year for shareholder's meetings and once a year for director's meetings. (Delaware, Kansas, Nevada, North Dakota, and Oklahoma don't require minutes.)

The Basics of Maintaining Your LLC : Required filing in Arizona to keep your LLC in good standing. Articles of Organization: Updating of your LLC information in Arizona. Operating Agreement: Legal document outlining the internal rules and procedures of a Limited Liability Company.

Arizona LLCs are not required to file an annual report. Corporations and nonprofits file their Arizona Annual Reports with the Arizona Corporation Commission (ACC). LLPs, and LLLPs submit their Arizona Annual Reports to the Arizona Secretary of State.

Having an annual meeting and keeping a record of what was discussed helps validate that business owners are treating the limited liability company as a separate legal entity. That measure reinforces the corporate veil that protects LLC members' personal assets from the company's legal and financial liabilities.

Information captured in an LLC's annual meeting minutes usually includes: The meeting's date, time, and location. Who wrote the minutes. The names of the members in attendance. Brief description of the meeting agenda. Details about what the members discussed. Decisions made or voting actions taken.

Other Items of Business: The template includes space to record any additional items of business conducted at the meeting. Signatures: Members sign the meeting minutes. The secretary who recorded the minutes also provides a final signature.

They provide a legal record of the meeting members' actions and decisions, and taking corporate minutes is also a legal and regulatory requirement. There are various laws regarding which types of meetings require minute-taking.

This document needs to be signed by: or another person who is authorized to take minutes and/or record official corporate action. There is no requirement that the signature be witnessed or notarized.

More info

I recommend that every Arizona LLC hold annual meetings of members and managers and that the meetings be documented with minutes. Although no Arizona statute or case requires annual meetings or special meetings of the members or managers of an Arizona LLC.Annual meetings are an important part of any LLC's governance. They provide a valuable forum for members to review the past year's business. You are not required to use the Corporations Division form. If you want to file an annual report, please log into or create an eCorp account and file online. It is highly recommended that you submit your filings on the A.C.C.'s website, eCorp. The following instructions will help you file the Arizona Annual Report yourself. We have also included due dates, fees, and answers to common filing questions. Annual meetings are a cornerstone of effective LLC governance.

Annual Meeting Do For Llc In Arizona

Description

Related forms

Show more info

Form Rating

Form popularity

FAQ

How often do corporate minutes need to be done?

How do I maintain an LLC in Arizona?

Do Arizona LLCs have to file annual reports?

How often should an LLC have meeting minutes?

How to keep minutes for an LLC?

Do LLC meeting minutes need to be signed?

Are meeting minutes mandatory?

Does Arizona require an annual report for LLC?

Do meeting minutes need to be notarized?

More info

Trusted and secure by over 3 million people of the world’s leading companies