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LLC Contribution Agreement LLC Capital Contributions Form

LLC Contribution Agreement LLC Capital Contributions Form

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hey it's joey and welcome to the firm so i want to do a video on the proper way to put money into your llc so if you're starting an llc if your llc is not fully functional on its own a lot of times as an owner you're going to have to sell fund your llc meaning you're putting money from your personal account into your business account or you're using your personal funds to pay for business expenses so um if you are every llc needs to have the first contract going to be an operating agreement this agreement or contract states how the llc's to be ran who can open up business bank accounts how the losses and profits are going to be distributed some bank accounts require you to have your operating agreement um before you open a bank account this is a this is probably the most important agreement for your llc if you are the only um member of the llc or if you're the only owner of the llc you'll have a single member operating agr

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