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Certificate of Organization (Series Limited Liability Company) is a legal document that was released by the Utah Department of Commerce - a government authority operating within Utah.
Q: What is a Series Limited Liability Company?
A: A Series Limited Liability Company is a type of business entity that allows for the creation of multiple separate series within the same company.
Q: What is the purpose of a Certificate of Organization for a Series Limited Liability Company in Utah?
A: The purpose of the Certificate of Organization is to formally establish a Series Limited Liability Company in the state of Utah.
Q: What information is required in the Certificate of Organization?
A: The Certificate of Organization typically requires information such as the name of the company, the series being established, the registered agent, and the address of the company.
Q: Is there a fee for filing the Certificate of Organization?
A: Yes, there is a fee for filing the Certificate of Organization. The fee amount may vary, so it's best to check with the Utah Division of Corporations and Commercial Code for the current fee schedule.
Q: Are there any ongoing requirements for a Series Limited Liability Company in Utah?
A: Yes, Series Limited Liability Companies in Utah are required to file an annual report and pay an annual fee to maintain their active status.
Q: Can a Series Limited Liability Company do business outside of Utah?
A: Yes, a Series Limited Liability Company can conduct business in states other than Utah, but it may need to meet the requirements of those states as well.
Q: Is a Series Limited Liability Company the same as a traditional Limited Liability Company (LLC)?
A: No, a Series Limited Liability Company is a specific type of LLC that allows for the creation of separate series within the company.
Q: Can a Series Limited Liability Company convert into a traditional LLC or vice versa?
A: Yes, it is possible to convert a Series Limited Liability Company into a traditional LLC, or vice versa. The process and requirements for conversion may vary depending on the state and specific circumstances.
Q: Can an individual be the sole member of a Series Limited Liability Company?
A: Yes, an individual can be the sole member of a Series Limited Liability Company, as long as they meet the other requirements for forming and operating the company.
Form Details:
Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the Utah Department of Commerce.