Statement Of Organization LLC Template for United States

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Key Requirements PROMPT example:

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."

Document background
The Statement of Organization LLC is a foundational document required when establishing a Limited Liability Company in any U.S. state. It must be filed with the state's Secretary of State office to legally create the LLC and obtain protection under state law. This document includes crucial information such as the company's name, registered agent, principal office location, and management structure. The specific requirements vary by state, but all require this formal filing to recognize the LLC as a legal entity. It serves as the first step in creating a business structure that provides liability protection for its owners while maintaining operational flexibility.
Suggested Sections

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)

Optional Sections

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

Suggested Schedules

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)

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

All Business Sectors

Professional Services

Real Estate

Retail

Technology

Relevant Teams

Legal

Finance

Operations

Executive Leadership

Corporate Governance

Relevant Roles

Business Owner

CEO

CFO

General Counsel

Corporate Secretary

Industries

State LLC Laws: State-specific LLC Act or statute, filing requirements, and business corporation laws that govern LLC formation and operation

Federal Tax Laws: Internal Revenue Code provisions related to LLC taxation and federal tax classification options (partnership, corporation, or disregarded entity)

Secretary of State Requirements: State-specific filing requirements, naming restrictions, registered agent requirements, and principal office requirements

Business Licenses: State business license requirements and tax registration requirements for LLC operation

Employment Laws: Federal and state employment laws if the LLC will have employees

Industry Regulations: Specific regulations that apply to the LLC's intended business sector

Management Structure Requirements: Legal requirements for member-managed vs. manager-managed LLCs and operating agreement provisions

Member Rights: Legal framework for member voting rights and participation in LLC governance

Dissolution Procedures: Legal requirements and procedures for LLC dissolution and winding up of business

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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