Plan of Liquidation and Dissolution of LLC | USA

Set out the procedure for meetings of members and managers of a USA limited liability company with this template Bylaw of LLC form.

Topics Covered in the Bylaw

• Procedures for holding annual and special meetings of the members.
• Steps for giving notice of meetings to the members.
• Explanation of what constitutes a quorum for a meeting.
• Details of how meetings of the managers of the LLC are to be conducted.

Format and Jurisdiction

The Bylaw of Limited Liability Company template is available as a downloadable and fully editable MS Word document. This LLC Bylaw can be used throughout the United States.

Set up a limited liability company in the U.S. under this LLC Formation Agreement between the members of the company.

• This is an informal preliminary agreement which the members can put in place so they can proceed with filing Articles of Organization and forming the company, prior to entering into a formal operating agreement.
• The members agree that this is a preliminary agreement only and that they intend to execute a more complex agreement within a reasonable time.
• The members will manage the business of the LLC and will vote according to their proportionate interests.
• The members are free to carry on other businesses as long as they do not compete or conflict with the business of the LLC.
• The members agree that disputes will be settled by arbitration.
• The LLC Formation Agreement can be used throughout the United States.
• Available as a fully editable MS Word document. Buy, download, edit to fit your circumstances, and have each party sign.

Prepare an Operating Agreement for a limited liability company (LLC) with several members with this comprehensive template for the USA.

• The Operating Agreement sets out the rights, obligations and relationship of the members of the LLC.
• Provisions of the Agreement include:
  • dealing with the interest of a member if the member fails to make the required capital contributions;
  • the method by which profits and losses will be allocated;
  • how fair market value of a membership interest will be determined;
  • procedure for calling meetings of members and for voting;
  • transfers of membership interests, including transfer on the death of a member;
  • dissolution and winding up.
• Available in MS Word format and fully editable to fit your specific requirements.
• Intended to be used only in the United States.

Sell all or part of your interest in a USA limited liability company with this easy-to-use Sale of LLC Interest Agreement.

Seller Obligations

• The Seller will provide a bill of sale on closing, in return for a check from the Purchaser.
• The Seller warrants that the LLC owns its assets and property free and clear except for liens disclosed in the Agreement.
• The Seller must provide copies of all insurance policies.

Restrictions on Seller

The other members of the LLC will not allow the Seller to incur liabilities, enter into contracts, or encumber the interest without the consent of the Purchaser until the transaction closes.

Format and Legal Jurisdiction

This Sale of LLC Interest Agreement template is available in MS Word format. It is fully editable to meet your specific needs.

This legal document is intended to be used only in the United States.