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Subject:
writin the rules and regulations for an LLC
Category: Business and Money > Small Businesses Asked by: dag123456-ga List Price: $10.00 |
Posted:
04 Feb 2006 11:02 PST
Expires: 06 Mar 2006 11:02 PST Question ID: 441417 |
How do I write my own rules and regulations for an LLC? We are a small pizza business with just myself and husband as members. Is there an expample available somewhere to look at? | |
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Subject:
Re: writin the rules and regulations for an LLC
Answered By: richard-ga on 04 Feb 2006 20:55 PST |
Hello and thank you for your question. The Texas legal requirements for an LLC appear at http://www.capitol.state.tx.us/cgi-bin/statutes/pdfframe.cmd?filepath=/statutes/docs/BO/content/pdf/bo.003.00.000101.00.pdf&title=BUSINESS%20ORGANIZATIONS%20CODE%20-%20CHAPTER%20101 and particularly at http://www.capitol.state.tx.us/statutes/docs/BO/content/htm/bo.003.00.000101.00.htm#101.051.00 There are some 2005 amendments to the statute but nothing important in this case http://www.capitol.state.tx.us/cgi-bin/tlo/textframe.cmd?LEG=79&SESS=R&CHAMBER=H&BILLTYPE=B&BILLSUFFIX=01319&VERSION=5&TYPE=B My reading of the statute is basically that you can say whatever you want and as long as the LLC is legally formed (see below) you'll be fine. I suggest you start with the language for a Texas LLC operating agreement at http://www.ilrg.com/forms/llc-opag-man/us/tx You can copy and paste from the webpage subject to the webpage's terms of use, or you can pay the site-owner $9.99 for the instrument in Word format http://www.ilrg.com/cart.php?id=LLC-OAMM-TX Here's how to form a Texas LLC: Quoting from the State website, The secretary of state has promulgated certain Texas Business Organizations Code forms designed to meet statutory requirements and facilitate filings with the office; use of the forms is permissive. Forms may be obtained from our Web site or by telephone. The telephone number is 1 (900) 263-0060 and there is a fee of $1.00 per minute when using this service. Forms are available instantanteously by Fax on Demand or the caller may leave a name and mailing address and the form will be mailed within three business days. Access to the business entity and UCC databases is available via the Internet through the SOSDirect System. For information on SOSDirect or to subscribe for the service, call (512) 475-2755. http://www.sos.state.tx.us/corp/forms_boc.shtml Here is the fee schedule: https://direct.sos.state.tx.us/help/help-corp.asp?pg=fee-revised And here is the form for filing with the State: http://www.sos.state.tx.us/corp/forms_boc.shtml Best of luck with your business! Search terms used: texas statutes texas operating agreement llc texas secretary llc filing Google Answers Researcher Richard-ga | |
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