..with Payment of Cash and Promissory Note and with Life Insurance Policy to Cover Buyer's Life with Limited Liability Company to be Beneficiary
A distributional interest in a limited liability company is personal property and may be transferred in whole or in part. The following form is a agreement whereby the sole member of the LLC transfers his 100% interest as such member to another party.
Colorado Agreement for Sale of all Rights, Title and Interest in Limited Liability Company LLC
State:
Multi-State
Control #:
US-00730BG
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Agreement For Sale Of All Rights, Title And Interest In Limited Liability Company LLC?
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FAQ
The articles to register your PLLC are the same as the articles to register an LLC. You must file the articles of organization online with the Colorado Secretary of State. As of 2023, the filing fee for the articles of organization is $50.
Colorado does not require you to submit an Operating Agreement to form your LLC. However, it is important for every LLC to have an Operating Agreement, establishing the rules and structure of the business.
While an LLC and PLLC both provide personal limited liability protection, a PLLC will not protect you from claims of malpractice or wrongdoing. However, a benefit of a PLLC is that the wrongdoing of one individual member does not create liability for other members.
The LLC operating agreement should state if and when member meetings will be held and include any rules regarding how, when, and where votes will be taken; who has voting rights; how many voting members must be present for a quorum; how many votes are required to approve an action; and whether members can vote by proxy ...
Colorado allows anyone whose profession requires a state license to form a professional limited liability company (PLLC). You can also form a limited liability partnership (LLP) or professional corporation (PC).
Colorado Professional Corporation: Colorado Professional corporations are corporations organized for the purpose of providing professional services. Typically, professional corporations must be organized for the sole purpose of rendering professional services of the licensed practitioners.
Steps to Form a Colorado Professional Limited Liability Company Choose your structure. ... Select a name. ... Designate a registered agent. ... File your Articles of Organization. ... Create your operating agreement. ... Handle tax obligations. ... Obtain all necessary licenses and permits. ... Get insurance.