Art of Organization Sample
Art of Organization Sample
Art of Organization Sample
_________________________, LLC
(a) The purpose for which the corporation is formed and the business
and objects to be carried on by it are as follows: To provide ____________ services,
to _____________________, to ____________, and to conduct all other related
businesses.
FIFTH: The following provisions are hereby adopted for the purposes
of defining, limiting and regulating the powers of the Limited Liability Company and
any of the Members thereof:
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determining the existence of a quorum at the meeting of the Members of the Limited
Liability Company which shall authorize, ratify, or confirm any such contract or
transaction, and may vote thereat to authorize, ratify, or confirm any such contract or
transaction.
(c) The Limited Liability Company reserves the right to amend its
Articles of Organization so that such amendment may alter the members' contract
rights, as expressly set forth in the Articles of Organization, even though such rights
are substantially adversely affected, and any objecting Member whose rights may or
shall be thereby substantially adversely affected shall not be entitled to the same
rights as an objecting Member in the case of a consolidation or merger; and as long
as all Members are treated equally, then even though an amendment may
substantially affect them, no cause of action at law or equity shall accrue on account
of such amendment. Any amendment to the Articles of Organization shall be:
(i) In writing;
WITNESS:
/Signature/
___/Signature/_________________
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