This state-specific form must be filed with the appropriate state agency in compliance with state law in order to create a new limited liability company. The form contains basic information concerning the LLC, normally including the LLC's name, names of the organizers, members and/or managers, purpose and duration of the LLC, the registered address, registered agent, and related information.
The Cedar Rapids Iowa Articles of Organization for Domestic Limited Liability Company (LLC) is a legal document that outlines the formation and registration of a domestic LLC in Cedar Rapids, Iowa. This document is crucial for establishing the legal entity and determining its operating structure, management, and member duties. The key elements covered in the Cedar Rapids Iowa Articles of Organization for Domestic LLC include: 1. Business Name: The articles require specifying the business name, which must include the words "Limited Liability Company" or the abbreviations "LLC" or "L.L.C." after the name. 2. Registered Agent: The articles must provide the name and address of a registered agent who will accept legal documents and official correspondence on behalf of the LLC. The registered agent must have a physical address in Cedar Rapids, Iowa. 3. Duration: The articles should state whether the LLC has a specific duration or if it is perpetual. 4. Purpose: The articles must specify the lawful purpose or activities for which the LLC is formed. This can generally be described as engaging in any lawful activity under state law. 5. Management: The articles outline the management structure of the LLC. Cedar Rapids offers several options, including member-managed LCS where all members have authority, or manager-managed LCS where appointed managers handle daily operations. 6. Members: The articles identify the names and addresses of all initial members or owners of the LLC. 7. Effective Date: The articles state the desired effective date of the LLC's formation. If no effective date is provided, the filing date will serve as the effective date. Several variations of the Cedar Rapids Iowa Articles of Organization for Domestic Limited Liability Company LLC may exist, depending on the specific needs and circumstances of the LLC. Some variations may include: 1. Single-Member LLC Articles of Organization: This variation is used when the LLC is owned and operated by a single member. It still includes the same basic information but with only one owner/member listed. 2. Multi-Member LLC Articles of Organization: This variation is used when the LLC has multiple owners/members. It distinguishes the roles and responsibilities of each member and outlines the voting and decision-making procedures. 3. Professional LLC (LLC) Articles of Organization: This variation applies to LCS formed by licensed professionals, such as doctors, lawyers, or accountants, who are required to operate within specific rules and regulations. 4. Series LLC Articles of Organization: Cedar Rapids allows the formation of Series LCS, which consist of a master LLC with individual series or divisions, each with separate assets and liabilities. The articles for this type of LLC must clearly define the separate series and their characteristics. When filing the Cedar Rapids Iowa Articles of Organization for Domestic LLC, it is essential to ensure compliance with the relevant state laws and regulations. It is always recommended consulting with a legal professional or use an online filing service to ensure accurate completion of the articles and adherence to the required keywords and information.
