If you are a member or manager of an LLC you should know that California has adopted the California Revised Uniform Limited Liability Company Act (“RULLCA”, full text here leginfo.ca.gov) which replaces current LLC law. RULLCA will take effect on January 1 and applies to all existing California LLCs and foreign LLCs registered with the Secretary of State. RULLCA should bring California LLC law more in line with the Read More
Articles of Organization: What Are They and Why Do You Need Them?
Articles of Organization are an integral part of your limited liability company or LLC. Actually, the articles of organization is the document, usually a form, that gets filed with the Secretary of State and officially forms your LLC. It is similar to the articles of incorporation, but that document forms a corporation where the articles of organization form an LLC. What goes into your articles of organization? Read More