Articles of organization

Definition

Articles of organization are legal documents filed with a state government to officially form a limited liability company (LLC). They outline essential details such as the business name, address, management structure, and registered agent.

5 Must Know Facts For Your Next Test

1. Articles of organization must be filed with the state's Secretary of State or equivalent office.
2. These documents typically include the LLC's name, purpose, duration, principal office address, and information about its members or managers.
3. Filing articles of organization is one of the first steps in legally establishing an LLC.
4. The filing fee for articles of organization varies by state.
5. Once approved, the articles of organization provide legal recognition to the LLC and allow it to operate under state laws.

Review Questions

• What information is typically included in the articles of organization?
• Why are articles of organization important for forming an LLC?
• Which state office usually handles the filing of articles of organization?

Related terms

Limited Liability Company (LLC): A business structure that offers limited liability protection to its owners while allowing operational flexibility.

Operating Agreement: A document that outlines the internal management structure and operating procedures of an LLC.

Registered Agent: An individual or business entity designated to receive legal documents on behalf of an LLC.