Articles of Organization are the document which is filed with the California Secretary of State to create a limited liability company (LLC) in California. This document is very simple, and contains basic information about the business. The Secretary of State has provided a simple form, LLC-1 to complete the articles. A related document is the Operating Agreement, which is the agreement between the members of an LLC. A well drafted Operating Agreement will govern the capitalization of the LLC, the mechanisms for distribution of profit, rights and responsibilities of the LLC members, and the procedures for dispute resolution. If you are interested in forming an LLC, please contact us. |