General Legal Issues

The legal structure of your business and general small business legal issues.

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Old 07-12-2010
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Default Should optional provisions be included in Articles of Organization for LLCs?
Good morning all,

For those of you that have an LLC, did you include optional provisions in your Articles of Organization? I found this clause on the internet: "The members of the limited liability company shall have no liability for any debt, obligation, or liability of the company." Should I include this, or is this understood since my company is an LLC?

Thank you,
Lynn Mallory
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Old 07-12-2010
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Default Re: Should optional provisions be included in Articles of Organization for LLCs?
Do you have other members in your LLC or just YOU?
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Old 07-13-2010
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Default Re: Should optional provisions be included in Articles of Organization for LLCs?
It's just me. I researched some other LLCs in my state, and their articles of organization state no optional provisions. I decided to leave mine as that as well.

Lynn
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