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2. Articles of organization - Wikipedia

   en.wikipedia.org/wiki/Articles_of_Organization

   It is the Articles of Organization that establishes the power, rights, liabilities, duties, and other important obligations of LLC members. This document also establishes the obligations between LLC members. [2] Most secretaries of state provide fill-in-the-blank PDF templates to file with the state. Some people use the services of an attorney ...

3. Operating agreement - Wikipedia

   en.wikipedia.org/wiki/Operating_agreement

   An operating agreement is a key document used by limited liability companies (LLCs) to outline the business' financial and functional decisions including rules, regulations and provisions. The purpose of the document is to govern the internal operations of the business in a way that suits the specific needs of the business owners, called "members".

4. Limited liability company - Wikipedia

   en.wikipedia.org/wiki/Limited_liability_company

   It sets forth member capital contributions, ownership percentages, and management structure. Like a prenuptial agreement, an operating agreement can avoid future disputes between members by addressing buy-out rights, valuation formulas, and transfer restrictions. The written LLC operating agreement should be signed by all of its members. [22]

5. File:Wikimedia LLC Operating Agreement - executed 2021-03-01 ...

   en.wikipedia.org/wiki/File:Wikimedia_LLC...

   Main page; Contents; Current events; Random article; About Wikipedia; Contact us; Donate; Pages for logged out editors learn more

6. Articles of association - Wikipedia

   en.wikipedia.org/wiki/Articles_of_association

   Confidentiality and the founders' agreement with penalties for disclosure; First right of refusal for purchase rights and counter-bids by a founder. Drag-along provisions, or when the majority shareholders force a sale on the other shareholders. Determinations for the price paid for shares transferred following cessation of directorship or ...

7. Low-profit limited liability company - Wikipedia

   en.wikipedia.org/wiki/Low-profit_limited...

   The profits can be distributed to members similar to an LLC. This characteristic is a key defining feature between L3Cs and non-profits. [1] The default distribution is by the percentage of ownership; however, members can contract otherwise within the operating agreement on how profits are distributed.