How Can I Sign Maryland Banking PDF

Maryland Application Charges Form

the following information is provided for educational purposes only and in no way constitutes legal tax or financial advice for legal tax or financial advice specific to your business needs we encourage you to consult with a licensed attorney and/or CPA in your state the following information is copyright protected no part of this lesson may be redistributed copied modified or adapted without prior written consent of the author a limited liability company abbreviated LLC is a hybrid between a corporation and a partnership an LLC protects your assets in the event of a lawsuit in order to form your LLC you must file LLC formation documents and pay the state filing fee once your documents are approved and sent back to you your LLC is now in existence and authorized to do business in the state before completing your LLC formation documents you need to have two things completed first make sure you've watched the lesson on researching your LLC's name your desired LLC name must be available for use before you proceed second make sure you've watched the lesson on registered agent and that you've made your selection now let's discuss your LLC formation documents the name of the LLC formation document for the state of Maryland is called the articles of organization this document is not complicated and it contains basic information including your LLC name the purpose of your LLC and your LLC's registered agent information we will walk you through the details of the articles of organization in just a couple minutes and we will make sure that you get it filled out correctly in the download section below this video you will find two versions of the articles of organization the first version will be used if you or someone you know will be your LLC's registered agent the second version will be used if you are going to hire Northwest registered agent the form is pre-populated with their address and signature if you're going to use a different commercial registered agent please download the first version of the articles of organization enter their address and then have them signed that document once your articles of organization are complete you'll need to mail them to the state along with the filing fee the filing fee amount includes a small additional charge in order for you to receive a copy of your articles of organization once they are approved having a copy of your approved articles of organization is a requirement when opening a business bank account listed below this video you will find the filing fee amount the accepted forms of payment and the address where to mail your articles of organization once you mail your articles of organization along with the filing fee the state will review and process your documents if there are any issues with your filing the state will notify you of those issues and then tell you what Corrections need to be made you will have 60 days to make these Corrections and return your articles of organization to the state for further processing if you do not return your documents within 60 days the state will abandon your filing and keep your filing fee if there are no issues with your filing however your LLC will be approved in six to eight weeks when your LLC is approved you'll receive back a confirmation letter and a copy of your articles of organization this confirms your LLC is now a legally form business in the state of Maryland please keep a copy of these documents with your business records as you'll need them to open your LLC's bank account do not order your EIN also known as your federal tax ID number or start to use your LLC for any business purposes until you've received your approved articles of organization if you need your LLC approved sooner than six to eight weeks the state offer is an expedited filing option expedited filings are approved in seven to ten days in order for the state to expedite your filing you need to pay an extra fee everything else is the same with an expedited filing again you just pay extra to have your documents approved quicker below this video you will find the filing fee amount including the optional expedited fee the accepted forms of payment and the address where to mail your documents once your LLC is formed however paperwork with the state is not over as a part of the ongoing requirements for your LLC Maryland requires that you file an annual report and pay a yearly fee also you'll be required to file state taxes every year we will discuss these items in a later lesson we are now ready to do a complete walkthrough of filing your articles of organization again you can download this document below the video let's get started here we are inside the articles of organization this is a three-page PDF document page one is the actual articles of organization and pages two and page three are the instructions feel free to read through the instructions if you'd like but we've already covered this information in the video this form can be filled out on the computer or it can be printed and then filled out by hand if you fill it out by hand please use blue or black ink also make sure to print the documents on white paper that is letter sized that's your standard eight and a half by eleven inches please note that I have a professional version of Adobe Acrobat with a good amount of functionality you most likely have the free version of Adobe Reader however you should still be able to type inside this document as you're about to see me do but if you have any issues with typing inside the document on the computer simply print this out and then fill it out by hand alright let's get started I'm going to use some dummy information as an example as I fill out this document in the first section we're going to list the name of the limited liability company I'm going to go ahead and type in my sample company ABC widgets LLC make sure you include the designator LLC or l da cidade let me go ahead and zoom this document in a little bit might be a little bit easier to see now also you'll see I'm using a comma here the comma is optional so you can include one if you'd like or you can leave it out if you prefer under section two the purpose for which the limited liability company is filed is as follows here you're going to write a brief description of the purpose of your LLC for this example I'm going to type manufacturing consumer goods now don't worry the state's not gonna hold you to this this is more just used for statistical purposes let's say your LLC was used for real estate investing you could just list that or let's say you had a yoga studio you could just put that you know a few words brief description is all that's needed there for number two so I'm gonna leave that number three the address of the limited liability company in Maryland is I'm gonna go ahead and list a sample address here next in Section four the resident agent of the limited liability company in Maryland is in this case let's say this LLC is a single member LLC with one person John Doe let's call him myself and I'm gonna be the registered agent or in this state the resident agent for the limited liability company I'm gonna go ahead and list my name here next whose address is and I'm going to list my address how this happens to be the same address that's listed at number three but they do not have to be the same I'm gonna copy everything up here and paste it down there now let's take a look at this document another version to see what it would look like if you use Northwest registered agent as your LLC's resident agent here's the other version of the PDF if you happen to be using this version and at the top it says at least one signature has problems you can ignore that however if we go down to section 4 you can see the resident agent here we have Northwest register dating services Inc we have their address and they've also signed in Section six not that much of a difference it's just a company listed here their address and their signature let's go back to our example document next in section five you're going to have the members of the LLC sign in this case after I print this out I would simply just sign here or if it was myself and another member I would sign there and they would sign on line two number six is going to be the signature of the resident agent in this case I am the resident agent for this LLC so I would just sign here but if it was a friend or a family member or somebody else you knew with an address in the state then they would need to sign this document before you submit it next in section seven you're going to tell the state where you'd like these documents returned to in this case I'd like them sent back to me at my address so it happens to be the same address that I listed above going to list my name and then I'm going to enter my address and that's it it's pretty straightforward once you have the document completed you're going to print it out have the member or members of the LLC sign in Section five have the resident agent sign in Section six you're going to include this with your filing fee and then mail that to the state at the address listed below this video let's do a quick run-through just for review in Section one you're going to list the name of your LLC including the designator LLC or l dot L dot C dot and number two you're going to list a short and brief description for the purpose of your LLC number three you're going to include the address for the limited liability company this could be a business address or it could be your home address number four you're going to list the name of the individual or the company that is a resident agent for your LLC as well as their street address in Maryland if you're using Northwest registered agent for your LLC's resident agent you're going to use a different form than this one it's in the download section below this video and it's pre-populated with their address and signature next in section five once the document is printed out you're going to have the members sign then in Section six you're going to have the resident agent sign here and in section seven you're going to list your name and the address where you'd like the documents returned to once they're approved an important thing to make note of here is that this document does not need to be notarized but you do need to have original signatures before you send it to the state meaning don't make a copy of this document and then send that to the state there needs to be original signatures for both section 5 and section 6 and that concludes this lesson