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.
Title: A Comprehensive Guide to Eugene Oregon Articles of Organization for Domestic Limited Liability Company (LLC) Introduction: In Eugene, Oregon, the Articles of Organization for a Domestic Limited Liability Company (LLC) serve as a crucial document that legally establishes a business entity. This article aims to outline the significance of the Articles of Organization and shed light on the different types available in Eugene, Oregon. Keywords: Eugene Oregon, Articles of Organization, Domestic Limited Liability Company, LLC, business entity, types I. Understanding Eugene Oregon Articles of Organization: The Articles of Organization is a formal filing that outlines essential information about a Domestic Limited Liability Company operating in Eugene, Oregon. It holds eminent significance as it establishes the legal existence of the company within the state. II. Key Information Required in the Articles of Organization: 1. Business Name: The Articles must include the chosen name of the LLC, which must be unique and comply with Oregon state requirements. 2. Registered Agent: It is mandatory to designate a registered agent or agency responsible for accepting legal documents on behalf of the LLC. 3. Principal Place of Business: The physical address where the LLC primarily conducts its operations. 4. Management Structure: Specify whether the LLC will be member-managed or manager-managed. 5. Duration: State the intended duration of the company or declare if it will exist perpetually. 6. Effective Date: The desired date when the Articles of Organization take effect, following their filing with the Secretary of State. III. Different Types of Eugene Oregon Articles of Organization: Though there is generally one standard format for the Articles of Organization, Eugene, Oregon offers some specialized variations: 1. Standard Articles of Organization: This is the most common type, enabling business owners to form an LLC by filing the necessary information as defined by the state. 2. Series LLC Articles of Organization: If desired, entrepreneurs can establish a Series LLC, which allows the creation of multiple separate divisions or series within a single LLC structure, with different assets and liabilities. 3. Professional Limited Liability Company (LLC) Articles of Organization: For licensed professionals in fields such as law, medicine, or accounting, an LLC is an option. It provides liability protection to individual members while retaining their professional identity. 4. Cooperative LLC Articles of Organization: Specific to cooperatives, this type allows members to establish an LLC that operates democratically, sharing profits and decision-making authority among members. Conclusion: Eugene, Oregon offers various types of Articles of Organization to cater to different business needs. By understanding the significance of this document and the available types, entrepreneurs can navigate the process of forming a Domestic Limited Liability Company (LLC) effectively and legally. Keywords: Eugene Oregon, Articles of Organization, Domestic Limited Liability Company, LLC, business entity, types, standard, Series LLC, Professional Limited Liability Company, LLC, Cooperative LLC
