North Carolina Restated Limited Liability Company Agreement of LLC
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How to fill out Restated Limited Liability Company Agreement Of LLC?
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FAQ
North Carolina does not require an operating agreement in order to form an LLC, but executing one is highly advisable.
If the company was dissolved voluntarily the name is available 120 days after the effective date of dissolution. If the company was dissolved administratively, the name is available 5 years after the effective date of dissolution.
Filing fee is $30. This document must be filed with the Secretary of State.
When you need to change your North Carolina LLC's Articles of Organization, you must file an Amendment of Articles of Organization with the North Carolina Secretary of State. Filing an amendment can be done by mail, in person, or online, and costs $50.
There are some basic steps to dissolving an LLC in North Carolina. Step 1: Vote to dissolve the LLC. Review your company's operating agreement. ... Step 2: File certificate of dissolution. You will then need to fill out the certificate of dissolution. ... Step 3: Winding up. ... Step 4: File the final tax return.
§ 57D-3-20. (a) The management of an LLC and its business is vested in the managers. (b) Each manager has equal rights to participate in the management of the LLC and its business. Management decisions approved by a majority of the managers are controlling.
To revive a North Carolina LLC, you'll need to file the Application for Reinstatement Following Administrative Dissolution of Limited Liability Company (Form L-08) with the North Carolina Secretary of State. You'll also have to fix the issues that led to your North Carolina LLC's dissolution.
Once an entity is administratively dissolved, it may apply to the Secretary of State for reinstatement (or requalification, in the case of foreign entities). The entities must submit an application and correct all reasons that led to the dissolution or else prove to the Secretary that the grounds do not exist.