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ALABAMA  LLC OPERATING AGREEMENT

SINGLE-MEMBER

LLC OPERATING AGREEMENT

MULTI-MEMBER

LLC OPERATING AGREEMENT

          

          

A Single-Member Alabama LLC Operating Agreement provides a single owner with limited liability protection. This protects the owner from being personally liable from lawsuits or any obligation in question. By having a single member LLC operating agreement form, you will be acknowledging that you recognize your business as one separate and apart from yourself.

 

 

A Multi-Member Alabama LLC Operating Agreement provides multiple members the ownership of one entity.This protects the members from being personally liable from lawsuits or any obligation in question. It also gives the members day to day operations of the LLC. The multi member LLC operating agreement governs the relationship amongst the members of the LLC and as well provides a clear set of rules that all members have agreed apon greatly reducing disagreements in the future.

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ALABAMA LLC OPERATING AGREEMENT

Creating an LLC when starting a business in Alabama is the best choice a person can make. It is much more beneficial to own a company through an LLC rather than keeping it in your personal name. The businessperson has tax benefits and is not liable for the actions of the company. This article is here to guide you through the process of forming a new Alabama LLC for your business of choice.
First you are going to want to select a name for your new Alabama LLC. The name of the LLC should try to represent what the company is about, just like the title of a book. Althought this can be a bit tricky because your desired name may be taken, there is always a way to get a name that best represents your company. To check to see if a name is taken, go to the Alabama Secretary of State’s website at http://www.sos.state.al.us/ or call (334) 242-5324. Once you have found the name you need to select the registered agent for the LLC. This is important because the registered agent accepts all mail and official notices for the LLC. So if the LLC were to get sued, the registered agent is the one who will be contacted. If it is a one man operated LLC (Single-Member) than the owner of the LLC will be the registered agent.
Next you will need to determine the names and addresses for each member of the LLC. (Note – this only applies to Multi-Member LLCs). Members are the other investors or partners in the LLC. There is the option to have the LLC be run by multiple members or the LLC can pick one member to run the daily operations. Now it comes time to fill out the State of Alabama Articles of Organization Form where you will fill in all the information that we have gathered together so far. You can obtain this form from the Alabama Secretary of State. Once this is filled out, go your local registered office and submit the documents. Also you must bring $40 for the filing fee. The process should take about 2-3 weeks to complete and you are off to starting you new Alabama LLC!

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