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Statement Of Organization LLC
"I need to draft a Statement of Organization LLC for a new tech startup in Delaware, which will be manager-managed with three initial members and requires specific provisions for future venture capital investment options."
1. Article 1: Company Name: Legal name of the LLC complying with state requirements
2. Article 2: Registered Agent: Name and address of registered agent for service of process
3. Article 3: Principal Office: Physical address of the LLC's main office
4. Article 4: Purpose: General statement of business purpose
5. Article 5: Duration: Period of existence (usually perpetual)
1. Article 6: Management Structure: Specify member-managed or manager-managed structure (required in some states)
2. Article 7: Members: List of initial members (required in some states)
3. Article 8: Additional Provisions: Any special provisions allowed by state law
1. Member Information Schedule: Details of initial members and ownership percentages
2. Manager Information Schedule: Details of initial managers if manager-managed
3. Initial Capital Contributions: Schedule of member initial contributions (if required)
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