Forming the LLC

• Author: Phillip L. Jelsma/Pamela Everett Nollkamper
• Pages: 123-148

FORMING THE LLC

4-1

CHAPTER 4

FORMING THE LLC

§4:10 ROLE OF THE ADVISOR

§4:20 PREFORMATION ISSUES

§4:30 FACTORS TO CONSIDER PREFORMATION

§4:40 Organic Documents

§4:45 Signing of Articles of Organization

§4:50 Members

§4:51 Non-Member Contractual Rights

§4:55 Protecting the Minority Owner

§4:60 Ownership Forms

§4:70 Capital Structure and Contributions

§4:71 The LLC as an Exempt Organization

§4:72 LLCs as Joint Venture Vehicles Under IRS 501 [c]

§4:73 Formation of the LLC as an Exempt Organization

§4:80 Management

§4:90 Company Name

§4:100 Trade Name Protection

§4:110 Duration

§4:120 Out-of-State Operation

§4:130 Business Purpose

§4:140 Single Purpose Entity

§4:150 Registered Agent and Off‌ice

§4:160 Secretary of State Rules, Regulations or Instructions

§4:170 Effective Filing Date

§4:180 Professional LLCs

§4:190 Formation Choices—Non-Tax Considerations

§4:195 Formation Choices—Tax Considerations

§4:200 PREFORMATION CASE LAW

§4:210 Who Is the Client?

§4:220 Intent to Form

§4:230 Purpose

§4:240 Integration of Organic Documents

§4:250 Effect of Filing Articles

§4:260 Formation Requirements

FORMING THE LLC

The Limited Liability Company 4-2

§4:270 Professional LLCs

§4:280 Pre-Formation Liability

§4:290 Joint Ventures With Exempt Organizations

§4.300 Formation Choices—Tax Considerations

§4:310 Out-of-State Operations