Get the free Limited Liability Company Resolution

A certification form for a Limited Liability Company (LLC) where an authorized partner can certify a resolution to open a brokerage account and handle securities.

How to fill out limited liability company resolution

How to fill out Limited Liability Company Resolution

1. Title the document as 'Limited Liability Company Resolution'.
2. Begin with the date when the resolution is being adopted.
3. State the name of the LLC clearly at the beginning of the document.
4. Include a statement regarding the authority of the members or managers to pass the resolution.
5. Clearly outline the purpose of the resolution, specifying the actions that are being authorized.
6. Include a section for the signatures of the members or managers approving the resolution.
7. Record the minutes of the meeting where the resolution was passed, if applicable.
8. Make copies of the signed resolution for all members or stakeholders involved.

Who needs Limited Liability Company Resolution?

1. LLC members or managers who need to make key business decisions.
2. Businesses looking to formalize decisions regarding financial matters or operational changes.
3. Investors or lenders who require assurance that proper procedures have been followed.
4. LLCs intending to comply with state laws or regulations concerning corporate governance.

People Also Ask about

Do LLCs have a corporate resolution?

Does an LLC have a corporate resolution? A limited liability company (LLC) isn't required to validate major decisions through resolutions, but there may be instances when an LLC resolution can be helpful. For example, the LLC may prefer to document a major financial decision regarding a bank loan.

Who signs a resolution for an LLC?

Single-member LLCs don't require formal resolutions like multi-member LLCs do, but creating them is still a good practice, providing a clear record of your business decisions and serving as a safeguard in case of disputes or audits.

Does an LLC resolution need to be notarized?

The law does not require an LLC Resolution to be notarized or witnessed by any third parties. In concept, there could be a requirement within a certain limited liability company which does require it – but that would be uncommon.

How to write a resolution for an LLC?

Most LLC Resolutions include the following sections: Date, time, and place of the meeting. Owners or members present. The nature of business or resolution to discuss, including members added or removed, loans made, new contracts written, or changes in business scope or method.

What is a limited liability company in English?

An LLC is a hybrid legal entity having certain characteristics of both a corporation and a partnership or sole proprietorship (depending on how many owners there are). An LLC is a type of unincorporated association, distinct from a corporation.

Do LLCs have a corporate seal?

LLC resolutions should be signed by all members or authorized representatives of the LLC who are involved in the decision or action being documented in the resolution.

How do you write a corporate resolution for an LLC?

An LLC's corporate resolution form will need to include the following: The business name. Member signatures. If a vote is taken, a record of who voted and their vote. Signatures of others involved/present (secretaries, corporate officers, lawyers, third-party representatives, etc.) Date and location.

For pdfFiller’s FAQs

What is Limited Liability Company Resolution?

A Limited Liability Company Resolution is a formal document that records decisions made by the members or managers of an LLC. It serves to outline actions taken by the company, such as changes in membership, business operations, or financial matters.

Who is required to file Limited Liability Company Resolution?

Typically, all members or managers of the LLC are required to sign and maintain the resolution. While it may not need to be filed with the state, it is an important internal document.

How to fill out Limited Liability Company Resolution?

To fill out an LLC resolution, include the name of the LLC, the date of the meeting, details of the decisions made, the names and signatures of the members or managers, and any other relevant details pertaining to the resolution.

What is the purpose of Limited Liability Company Resolution?

The purpose of an LLC resolution is to provide a clear and formal record of decisions made by the members or managers, ensuring that all actions are properly documented and can be referenced in the future.

What information must be reported on Limited Liability Company Resolution?

The information included in an LLC resolution should detail the name of the LLC, date of the resolution, specific decisions made, names of members or managers who approved the resolution, and signatures of those members or managers.