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| Be Unique: | Use a Legal Designator: | Stay Honest: |
|---|---|---|
Your new business entity name must be distinguishable from other domestic or foreign business names already registered in the state. | Your name must include "Limited Liability Company" or an abbreviation like "LLC" or "L.L.C." [2] | Certain words like "bank" or "trust" may require approval, and your name cannot imply affiliation with a government agency or a different business entity type. |

General Business Information | Includes your LLC name, effective date, business purpose, duration, and statutory agent details. |
Management Structure | Defines whether the LLC is member-managed or manager-managed and who handles daily operations. |
Tax Designation | Outlines how the LLC intends to be treated for tax purposes. By default, single-member LLCs are taxed as sole proprietorships and multi-member LLCs as partnerships, but you can elect S Corp or C Corp status with the IRS. |
Member Information | Lists all members and their ownership percentages. |
Capital Contributions | Details each member’s financial or asset contributions. |
Voting Rights and Decision Making | Explains how decisions are made and what requires member approval. |
Membership Changes | Covers adding, removing, or transferring ownership. |
LLC Dissolution | Provides steps for closing the business and distributing assets. |
Record Keeping and Distribution | States that all members should have a copy and that it should be kept with business records. |