Written Consent of the Members in Lieu of Organizational Meeting (Member-Managed LLC) (NY) | Practical Law

Written Consent of the Members in Lieu of Organizational Meeting (Member-Managed LLC) (NY) | Practical Law

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

Written Consent of the Members in Lieu of Organizational Meeting (Member-Managed LLC) (NY)

Practical Law Standard Document w-006-3382 (Approx. 16 pages)

Written Consent of the Members in Lieu of Organizational Meeting (Member-Managed LLC) (NY)

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