Sign Arkansas Profit Sharing Agreement Template Computer

Sign Operating Agreement electronically

hi there today's brass tack is all about corporate formalities when you have a corporation whether an S or C Corp close Corp or standard corporation public or private whether you have a limited liability company those are separate entities they're separate from you just because you form them by filing Articles of Incorporation or articles of our organization is not enough to get the protection that most people seek when they form these entities to get that protection you need to have the proper documentation to show that the entity has been established you file the articles with the secretary of state and you have bylaws for the corporation or operating agreement for the LLC if you have multiple owners you really should have a member agreement for an LLC or a shareholder agreement for a corporation so that all of the rights are identified then everything that you do in furtherance of the business of that entity needs to be in the name of that entity by and if you are an authorized person than your name and then after your name your status are you the president are you are you the president of the corporation are you a vice president of the corporation or secretary and are you authorized to execute this document that's going to be shown in your bylaws are you the manager of the LLC or do you have a manager for the LLC maybe your LLC is member managed so you are a member if there's more than one member are you authorized to execute this by yourself or do you need two or more people so the name of the entity your name your title and that title and authorities should be backed up with your organizational documents if you exercise these few tips and adhere to these principles that all companies have to adhere to that gets you one step closer to being protected if something should go wrong which is the reason most often that you form the entity if this is helpful to you please give me a thumbs up subscribe to see the other videos share this with anyone who may be interested or who this might help leave any comments below and come back and see me next time thanks for watching