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| Be Unique: | Use A Legal Designator: | Stay Honest: |
|---|---|---|
Your name must be distinguishable from all registered or reserved Vermont business names. | Standard LLC names must end with “Limited Liability Company” (LLC or Ltd. Liability Co.) or “Limited Company” (LC or Ltd. Co.). Professional LLCs must include “Professional” with an LLC designator or use “PLC.” L3Cs must end with “L3C.” [2] | Your name cannot imply a connection to a government agency, suggest services your LLC does not provide, or use obscene, discriminatory, or misleading language. |

General Business Information | States your LLC's official name, principal address, LLC type, and whether it has a perpetual or fixed duration as registered with the Vermont Secretary of State. |
Management Structure | Defines whether the LLC is member-managed or manager-managed, and outlines who holds signing authority for contracts and major financial decisions. |
Tax Designation | Formally states how your LLC is taxed: sole proprietorship, partnership, S Corp, or C Corp. This section should also outline the process for changing that tax status later. |
Member Information & Ownership | Lists each member's name, address, ownership percentage, and initial capital contribution. This is the definitive internal ownership record for your LLC. |
Decision Making & Voting | Sets the threshold for major business decisions. Defines whether a simple majority or unanimous vote is required for actions like admitting a new member or taking on significant debt. |
Membership Changes (Buy-Sell) | Outlines what happens when a member wants to leave, sell their interest, or is no longer able to participate. This protects business continuity during ownership transitions. |
LLC Dissolution | Provides a clear process for winding down the business, settling debts, distributing remaining assets, and filing Articles of Termination with the Vermont Secretary of State. |