{"id":21243,"date":"2021-12-15T19:38:13","date_gmt":"2021-12-16T00:38:13","guid":{"rendered":"http:\/\/privacyfight.io\/?p=21243"},"modified":"2023-06-26T06:15:34","modified_gmt":"2023-06-26T10:15:34","slug":"u63-amending-llc-articles-wa-va","status":"publish","type":"post","link":"https:\/\/privacyfight.io\/u63-amending-llc-articles-wa-va\/","title":{"rendered":"U63 &#8211; Amending LLC Articles WA &#038; VA"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"21243\" class=\"elementor elementor-21243\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-029fb63 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"029fb63\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-551d0fe\" data-id=\"551d0fe\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2abea8f elementor-widget elementor-widget-shortcode\" data-id=\"2abea8f\" data-element_type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\"><div class=\"vidseo_wrapper\" style=\"width: 100%;\">\r\n\r\n    \r\n    \r\n        <div class=\"vidseo_vimeo\">\r\n\r\n            <iframe title=\"vimeo-player\" src=\"https:\/\/player.vimeo.com\/video\/729799505\/?\" width=\"100%\" frameborder=\"0\" allowfullscreen><\/iframe>\r\n\r\n        <\/div>\r\n\r\n    \r\n    \r\n    <div class=\"vidseo_collapse\" style=\"\">\r\n        <div class=\"vidseo_btn\" style=\"\">\r\n            0:02\r\nAll right, guys, So let me make sure I got my audio here.\r\n0:05\r\nI heard a faint sound.\r\n0:08\r\nSo, let's see, OK.\r\n0:15\r\nLet's see if this kit now.\r\n0:18\r\nAll right, so what I want to explain is that it's important that we document articles to a limited liability company.\r\n0:25\r\nThe articles c...        <\/div>\r\n        <div class=\"vidseo_collapse_content\" style=\"\">\r\n            <p>0:02<br \/>\nAll right, guys, So let me make sure I got my audio here.<br \/>\n0:05<br \/>\nI heard a faint sound.<br \/>\n0:08<br \/>\nSo, let's see, OK.<br \/>\n0:15<br \/>\nLet's see if this kit now.<br \/>\n0:18<br \/>\nAll right, so what I want to explain is that it's important that we document articles to a limited liability company.<br \/>\n0:25<br \/>\nThe articles can either be published in the newspaper or recorded through your Secretary of State's office, or like in Canada.<br \/>\n0:32<br \/>\nIt would be through your province and the articles include just information about the company itself and who's related to an it. Each person's affiliation with it, for example, if I want to record an LLC where I'm the owner, then I would just publish the information or register the fact that, here's the name of the company.<br \/>\n0:51<br \/>\nIf I want to use an LLC, for example, it's going to be designated with LLC after the name has to be, or limited liability company, or something like that.<br \/>\n0:59<br \/>\nI'm gonna give it the name of the owner. Let's say it's me 100%, let's just say, I'm gonna also disclose who the registered agent is, or the statutory agent as in some jurisdictions like Arizona.<br \/>\n1:09<br \/>\nAnd that's the individual or organization on whom service a process can be perfected.<br \/>\n1:15<br \/>\nSo, if the company is being sued or official process, like there's a summons or subpoena issued to the company, it would be served on the agent and then the agent's job is to give it to the board of directors of the owners, OK.<br \/>\n1:25<br \/>\nThe registered agent has no legal duty obligation other than that, OK the same thing with an organizer organizers don't have any liability to the company. They're just organizers, OK. They're not the owners. They can be.<br \/>\n1:37<br \/>\nBut just organizers themselves don't have any liability, so what I want to show you is I'm going to switch over here to do screen sharing.<br \/>\n1:44<br \/>\nLet's see here.<br \/>\n1:47<br \/>\nYeah?<br \/>\n1:49<br \/>\nThis one. OK, so what I'm showing you is two different states. The first one is Washington. And so what we're looking at here is the actual form published by the State of Washington.<br \/>\n1:58<br \/>\nUnder The Revised Code of Washington, are CWU section 25.15, that talks about how to amend the formation of an LLC.<br \/>\n2:07<br \/>\nSo, if you know When you when you register the company, it's going to give it an UBI number whatever. that means. I don't know what UBI means.<br \/>\n2:15<br \/>\nI probably do, but I forget and It wants the name of the company, of course.<br \/>\n2:20<br \/>\nWants to know what kind of company it was, If it's a professional company that just means that the owners or the owner is a licensed professional in some profession, OK?<br \/>\n2:30<br \/>\nWhat I've found over the years is, even if you are, I avoid bringing that into their registration, because you're all you're really doing is using this to manage money, So that's, that's a little bit different subject, but, anyways. So, we can change the name with this form, OK. It's a checkbox form.<br \/>\n2:44<br \/>\nIf their name has been reserved, we can identify that. We can put the name there, the new name. And we can say, you know, how long the company is going to be around. Things like that, right?<br \/>\n2:53<br \/>\nSo, we can change these things?<br \/>\n2:54<br \/>\nWe can change the registered agent. You can do that every year, If you wanted, if you start with yourself as the agent you want to have a paid service, you can have someone else do it, you can switch that, whichever sometimes it's an individual or an entity. Then, there's an office address, so, you see, it's pretty simple, It's kinda nice. You know, most states give you a forum, you checkbox typing the information, you, save the PDF file. A lot of times, you can just upload it back to the Secretary of State's website. I am noticing that more often than not they, the states want you to mail them in, and the money order, or a check or something, or you can even use a credit card to pay. The fee sometimes is $25. New, Mexico is $50, so. Let me just show you, OK. So that was Washington. This one is going to be Virginia. Not Virginia. They're not going to be so nice to give you a form. What they're gonna do, though, is tell you what they want to see from you, and they're gonna give you instructions you see here.<br \/>\n3:52<br \/>\nThere's probably, yeah, there, in fact, there's probably a form here. I didn't get it, but I'm going to show you something.<br \/>\n4:01<br \/>\nSo anyways, it just makes you do a little work, OK, when I read something like this, I'm like, oh, great, I gotta sit here and think that through.<br \/>\n4:08<br \/>\nSo here's what I did. I just did this a few minutes ago.<br \/>\n4:13<br \/>\nHave to look something like, you know, this, what you're seeing here, OK, and notice how it says, you cannot mark this up and send it in. You can't be lazy. So they're saying, OK, fine. So I just copied this whole section.<br \/>\n4:28<br \/>\nAnd I put it over here.<br \/>\n4:31<br \/>\nAll right, I'm not going to make it all Purdy. You can see it. I'm talking about, right? You can probably leave a lot of this stuff in here. Oh, we're going to do let's say, for example, most of you want to change the The members, OK, the membership.<br \/>\n4:43<br \/>\nSo let's say you want to make the owners instead of an individual John Smith owner. You want to make the owner, a PMA or a trust so we can go that way, or we can go the other way.<br \/>\n4:53<br \/>\nI'm going to show how to do either way. So I just copied their form example here.<br \/>\n4:59<br \/>\nAnd this is Article two, what that basically says You can change anything you want, so just say what you want changed. So I would say something like this.<br \/>\n5:09<br \/>\nBe it resolved this day of whatever, you know, in December.<br \/>\n5:18<br \/>\nAmending the articles two, now, let us say it's John Smith, that's the owner right now, single member owner and John Smith wants to organize or identify an association, as the owner, And remove himself, OK? So we can amend the articles too?<br \/>\n5:39<br \/>\nAdd, so first I want to add the new party. So the new party is going to be, let's call it the John.<br \/>\n5:44<br \/>\nSee my simple example: John Smith, society, OK? Now I can say the John Smith Society, PMA, or I could just say the John Smith's Society.<br \/>\n5:55<br \/>\nOK, I haven't mentioned that before, but just realize you can do either way.<br \/>\n6:00<br \/>\nSo in this case, I'm just going to say the John Smith's society now I've added him, because I have the authority as John Smith to add this society, PMA as a co owner with me.<br \/>\n6:12<br \/>\nThen I'm going to say and further I'm going to semi colon.<br \/>\n6:15<br \/>\nIt's going to be one sentence and further removing the managing member.<br \/>\n6:21<br \/>\nOK, so what I'm gonna do, is, I'm gonna say the PMA is adding, it's being added as the Managing member, and further removing the Managing member.<br \/>\n6:35<br \/>\nJohn Smith, OK, I can never do that right, OK.<br \/>\n6:44<br \/>\nI always like to add one last thing where you're like, they're such that.<br \/>\n6:49<br \/>\nThe sole managing member of this LLC is, or I can say this company, is I'm gonna do the same thing.<br \/>\n6:58<br \/>\nThe John Smith society, PMA.<br \/>\n7:04<br \/>\nlike it's spelled that right? Make sure they're exactly the same.<br \/>\n7:07<br \/>\nSpelling is exactly must be letter for letter capital lowercase. Exactly the same, OK. To save yourself time, they might reject it.<br \/>\n7:15<br \/>\nSo such that the sole managing member of this LLC is the John Smith Society, PMA, um.<br \/>\n7:26<br \/>\nThat would be the end of it.<br \/>\n7:27<br \/>\nNow it does ask in this form, because it's kinda formal, it makes it official. It wants to know who approve this.<br \/>\n7:36<br \/>\nOK, so if John Smith was the sole member who did this, it's a vote of the members in accordance with the provisions. Now, if you were to go to look at this up, you would see what it accounts for.<br \/>\n7:45<br \/>\nSingle member, LLC, that accounts for multiple member, or whatever, Here, by a majority of the persons.<br \/>\n7:51<br \/>\nOK, I don't know what the rules are there, but you can look it up, if you had, like, seven members, you might have to have four approve, OK, and they would have to sign here, and by a majority of the organizers, sometimes that can happen too.<br \/>\n8:06<br \/>\nAll right, so you get the idea.<br \/>\n8:08<br \/>\nSo, sometimes, some states, they make it a little bit, do, a little bit more, others, they make it kinda easy for you, and then that's the end of it. OK?<br \/>\n8:16<br \/>\nSo, that is the state of Washington.<br \/>\n8:19<br \/>\nAnd the state of Virginia, I think, I've already done one for New Mexico. I think I did one for Florida, Georgia. So, you might see in the video area, there should be a few more of these, and you're going to find out, it's just redundant. It's almost the same thing, OK, Sometimes you have to do more work by say, I'm kinda lazy too.<br \/>\n8:33<br \/>\nSo I just copied, OK here, and made the modifications I need, and probably it would take me another five minutes to make it acceptable.<br \/>\n8:42<br \/>\nAnd now, I would read this form again just to make sure I didn't miss anything.<br \/>\n8:46<br \/>\nAnd then often the mail and I probably wait a week, and it's done deal.<br \/>\n8:51<br \/>\nAnd as to whether or not you want to tell anybody you did this, it doesn't matter. because when you many articles, it's public notice, everybody's on notice.<br \/>\n8:59<br \/>\nSo that's why I say the articles are binding on everyone, period.<br \/>\n9:05<br \/>\nYou don't have to tell people, they might complain later that you didn't, but they're still liable for knowing what the articles are, because they're a public record.<br \/>\n9:15<br \/>\nHope that helps.<\/p>\n        <\/div>\r\n    <\/div>\r\n\r\n    \r\n<\/div><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-169a37e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"169a37e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8c8a16e\" data-id=\"8c8a16e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1b73670 elementor-widget elementor-widget-spacer\" data-id=\"1b73670\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5452b97 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5452b97\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a6bf0bf\" data-id=\"a6bf0bf\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9d4601d elementor-widget elementor-widget-text-editor\" data-id=\"9d4601d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Summary<\/strong><\/p><p style=\"padding-left: 40px;\">1. The speaker emphasizes the importance of documenting articles for a limited liability company (LLC).<br \/>2. Articles can be published in a newspaper, recorded through the Secretary of State&#8217;s office, or the respective provincial office in Canada.<br \/>3. The articles contain information about the company and its affiliates, such as the owner&#8217;s name and the registered agent&#8217;s identity.<br \/>4. The registered agent&#8217;s role is to receive and forward legal documents to the board of directors or owners in case of lawsuits or official processes.<br \/>5. Organizers, although not liable to the company, play a role in setting up the LLC.<br \/>6. The speaker discusses the process of amending LLC formation in Washington state, where a form provided by the state is used.<br \/>7. The Washington form allows for changing the LLC&#8217;s name, registered agent, and office address by filling out a checkbox form.<br \/>8. Virginia does not provide a specific form but provides instructions on what information should be included in an amendment request.<br \/>9. The speaker demonstrates an example of amending the LLC articles in Virginia, including adding or removing members and changing the managing member.<br \/>10. The speaker mentions that the amendment process may require approvals from members or organizers, depending on the LLC&#8217;s structure, and emphasizes that the articles are binding on everyone as they are public records.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-84ef989 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"84ef989\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2a05a6c\" data-id=\"2a05a6c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>U63 &#8211; Amending LLC Articles WA &#038; VA<\/p>\n","protected":false},"author":131,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[124],"tags":[],"_links":{"self":[{"href":"https:\/\/privacyfight.io\/wp-json\/wp\/v2\/posts\/21243"}],"collection":[{"href":"https:\/\/privacyfight.io\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/privacyfight.io\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/privacyfight.io\/wp-json\/wp\/v2\/users\/131"}],"replies":[{"embeddable":true,"href":"https:\/\/privacyfight.io\/wp-json\/wp\/v2\/comments?post=21243"}],"version-history":[{"count":7,"href":"https:\/\/privacyfight.io\/wp-json\/wp\/v2\/posts\/21243\/revisions"}],"predecessor-version":[{"id":25699,"href":"https:\/\/privacyfight.io\/wp-json\/wp\/v2\/posts\/21243\/revisions\/25699"}],"wp:attachment":[{"href":"https:\/\/privacyfight.io\/wp-json\/wp\/v2\/media?parent=21243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/privacyfight.io\/wp-json\/wp\/v2\/categories?post=21243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/privacyfight.io\/wp-json\/wp\/v2\/tags?post=21243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}