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HOW LLCS ARE FORMED

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LLCs are formed much like corporations. Both LLCs and corporations are chartered entities. This means that, unlike some types of partnerships that can be created without state registration, LLCs and corporations can be created only by filing a charter document in the state of organization or incorporation. An LLC’s charter document is called its articles of organization—a name obviously borrowed from the corporation’s articles of organization.

Articles of organization for LLCs are very similar to articles of organization for corporations. For example, both of them state the entity’s name, require the appointment of a “resident agent” (more on this below), and usually require a statement of purpose.

Ultimate LLC Compliance Guide

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