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Get the free Masterworks 120, LLC Form 1-U Filed 2023-08-31. Accession Number

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SECURITIES AND EXCHANGE COMMISSIONER 1UFiling Date: 20230831 | Period of Report: 20230831 SEC Accession No. 000149315223031015 (HTML Version on secdatabase.com)FILER Masterworks 120, LLC CIK:1914640|
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How to fill out masterworks 120 llc form

01
To fill out the Masterworks 120 LLC form, follow these steps:
02
Start by filling in your personal information, such as your name, address, and contact details.
03
Provide the necessary information about the LLC, including the company name, address, and tax identification number.
04
Indicate the purpose of the LLC and provide a brief description of the business activities it will be involved in.
05
Specify the management structure of the LLC, whether it is managed by members or managers.
06
Include details about the initial contributions made by the members, such as cash, property, or services.
07
If applicable, provide information about the registered agent who will handle legal and official documents on behalf of the LLC.
08
Attach any additional documents that may be required, such as an operating agreement or financial statements.
09
Review the completed form for accuracy and completeness before submitting it.

Who needs masterworks 120 llc form?

01
The Masterworks 120 LLC form may be needed by individuals or groups who are seeking to establish a limited liability company (LLC).
02
LLCs provide liability protection to the owners while offering flexibility in terms of management and taxation.
03
Entrepreneurs, small business owners, and individuals entering into business partnerships may require this form to legally structure their business as an LLC.
04
It is advisable to consult with a legal professional or business advisor to determine if filing the Masterworks 120 LLC form is suitable for your specific situation.
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The Masterworks 120 LLC form is a legal document used for forming a limited liability company (LLC) under the Masterworks financial platform, specifically designed for art investment.
Individuals or entities looking to establish a limited liability company through Masterworks for investing in art are required to file the Masterworks 120 LLC form.
To fill out the Masterworks 120 LLC form, one must provide personal and business information, including the names of members, the company's registered address, and operational details, ensuring all required fields are completed accurately.
The purpose of the Masterworks 120 LLC form is to legally establish an LLC that enables individuals to invest in art assets through the Masterworks platform while providing liability protection.
The information that must be reported on the Masterworks 120 LLC form includes the name of the LLC, registered agent details, member information, and the purpose of the LLC.
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