Idaho Unit Operating Agreement

State:
Multi-State
Control #:
US-OG-761
Format:
Word; 
Rich Text
Instant download

Description

This agreement form is used when the Parties, as Working Interest Owners, have executed an agreement which provides for a separate agreement by the Working Interest Owners to provide for Unit Operations as defined in the Unit Agreement.
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How to fill out Unit Operating Agreement?

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FAQ

NOTE: You can, as an individual, act as your own registered agent if you have an Idaho physical address. Or, you may use another legal business entity who is filed with our office with an Idaho physical address, but not your own entity.

While a written operating agreement isn't required (per Idaho Statute § 30-25-102), your operating agreement is an essential document for many important aspects of your business, from opening a bank account to handling major events (like fighting lawsuits).

A post office box is not accepted as an address for a registered office. The registered agent must be a person or another corporation located at a physical street address in Idaho. A post office box can be used for the mailing address for the corporation.

Idaho LLC Formation Filing Fee: $100 The cost to start an Idaho LLC is $100 for online filings, and $120 for paper filings. Forming your LLC involves filing an Idaho Certificate of Organization with the Secretary of State. Filing your certificate officially creates your Idaho LLC.

An operating agreement, also known in some states as a limited liability company (LLC) agreement, is a contract that describes how a business plans to operate. Think of it as a legal business plan that reads like a prenup.

To change your registered agent in Idaho, you must complete and file a Statement of Change of Registered Agent form with the Idaho Secretary of State. The Idaho Statement of Change must be submitted by mail, fax, or in person and has no filing fee.

Idaho LLC Formation Filing Fee: $100. Idaho Annual Report Fee: $0. Idaho Registered Agent Fee.

Idaho LLCs are not required have an ABN (assumed business name), also called a DBA (doing business as) in other states, but you have the option to use one if you ever want to operate your business under a different name than what's listed on your Certificate of Organization (though you will continue to use the legal ...

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Idaho Unit Operating Agreement