Info about the Limited Liability Company & Corporation
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After LLC Formation, How Do I Make Myself an Owner?

The process of LLC formation generally covers the LLC filing and processing of such filing by a state agency to officially create an LLC (which is a legal entity known as a limited liability company) in that particular state.

In most states, the owners (also known as the members) are not required to be identified or appointed in the formation documents. And, if this is not a requirement, you should not list your members on these documents for privacy purposes.  LLC filing documents become a matter of public record.

All the state has is the LLC name, a registered agent and the name of a person who is the organizer. The registered agent can be an owner but is not required to be.  Many business owners choose to use a registered agent service.  An organizer is the person who submits the filing documents but this person is not required to be an owner.  It can be a lawyer or a person at a document filing service who is preparing your LLC formation documents.

This means that it is up to you, after your limited liability company has been created, to officially admit yourself and any other owners as members of the legal entity.  This can be done in several ways but the most common way is through the company’s initial LLC Operating Agreement. In this document, you will establish how ownership of your LLC is structured (usually with membership units) and then set forth who owns how many membership units in the company.  Other details include the required capital contributions, member names and addresses, and parameters for what ownership gives a member in terms of financial rights and voting rights.

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