Unanimous Written Consent of the Members in Lieu of Organizational Meeting (TX) | Practical Law

Unanimous Written Consent of the Members in Lieu of Organizational Meeting (TX) | Practical Law

A form of unanimous written consent of the members in lieu of organizational meeting for a Texas limited liability company (LLC). This Standard Document approves, adopts, and authorizes organizing actions of the LLC, such as ratifying actions of the organizer, adopting the company agreement, electing the initial officers, and authorizing the opening of bank accounts. This Standard Document has integrated notes with important explanations and drafting tips.

Unanimous Written Consent of the Members in Lieu of Organizational Meeting (TX)

Practical Law Standard Document w-004-5299 (Approx. 12 pages)

Unanimous Written Consent of the Members in Lieu of Organizational Meeting (TX)

by Practical Law Corporate & Securities
MaintainedTexas
A form of unanimous written consent of the members in lieu of organizational meeting for a Texas limited liability company (LLC). This Standard Document approves, adopts, and authorizes organizing actions of the LLC, such as ratifying actions of the organizer, adopting the company agreement, electing the initial officers, and authorizing the opening of bank accounts. This Standard Document has integrated notes with important explanations and drafting tips.