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SUBJECT:
Change of Ownership For an LLC Is Easy in Delaware
PRI: NORMAL
FROM:
L
lizsecundy@aol.com
DATE:
2018-03-17 15:28:11
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<7B7F4F9B-1596-4D54-9567-58D496546529@aol.com>
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TO:
R
Hunter Biden
<rhbdc@icloud.com>
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> > https://www.delawareinc.com/ <https://www.delawareinc.com/> > > Change of Ownership For an LLC Is Easy in Delaware > > </blog/images/img/exchange-of-ideas-222788_1280.jpg>Change of ownership for an LLC can be complicated and requires costly amendments in most U.S. states. > > However, not in the state of Delaware. The only document required to be filed in Delaware to create an LLC is the Certificate of Formation. > > Unlike other states, Delaware requires very little information to be made public in order to form an LLC. > > The Certificate of Formation <https://www.delawareinc.com/blog/delaware-llc-certificate-of-formation/> filed with the Delaware Secretary of State is required to contain only three items: > > the name of the Delaware LLC > the name and address of the Delaware LLC's registered office > the name of the LLC's Registered Agent in Delaware > Information such as the member(s) name, address and the percentage of the business owned is not required to be provided to the state of Delaware and therefore is not part of the public record. This information is kept on file internally within the LLC's Operating Agreement <https://www.delawareinc.com/llc/llc-operating-agreement/>. > > The LLC's Operating Agreement can be altered as needed by the members, without filing the changes with the state of Delaware. Some of the typical changes people make are the removal or addition of a member or the change in percentage of a member's ownership. > > The LLC's Operating Agreement must be amended to reflect that a new member is now part of the LLC, or to reflect the removal of a member, and all current members must sign the newly amended Operating Agreement, but you are not required to file the amended Operating Agreement with the state of Delaware. > > Free LLC Operating Agreement Templates > > Since there is minimal information on the Certificate of Formation filed with the state of Delaware, this information does not need to be filed or recorded with the state. > > Your Delaware Registered Agent does not need to be informed of the change either; we only need to know if there is a change to the company's communications contact, address or phone number. So, unlike many other states, change of ownership for an LLC can be done quickly, easily and without incurring any fees. > > These free Operating Agreement templates, for a single-member LLC, <https://www.delawareinc.com/forms/llc_operating_agreement_template.pdf> a member-managed or manager-managed LLC <http://www.delawareinc.com/forms/member_managed_llc_operating_agreement_template.pdf>, or a series LLC <http://www.delawareinc.com/forms/series_llc_operating_agreement_template.pdf>, can be utilized as is or customized for your LLC. > Liz Olivere Secundy Lizsecundy@aol.com (302) 530-0600
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