§4022. Organization

Link to law: http://legislature.vermont.gov/statutes/section/11/025/04022
Published: 2015

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Title

11

:
Corporations, Partnerships and Associations






Chapter

025

:
LIMITED LIABILITY COMPANIES






Subchapter

002
:
ORGANIZATION










 

§

4022. Organization

(a) One or more

persons may organize a limited liability company, consisting of one or more

members, by delivering articles of organization to the Office of the Secretary

of State for filing. The organizers need not be members of the limited

liability company at the time of formation or after formation has occurred.

(b) Unless a

delayed effective date is specified, the existence of a limited liability

company begins when the articles of organization are filed.

(c) The filing

of the articles of organization by the Secretary of State is conclusive proof

that the organizers satisfied all conditions precedent to the creation of the

organization.

(d) The

Secretary of State shall maintain a separate record of the number of limited

liability companies that deliver articles of organization to the Secretary for

filing by electronic transmission. (Added 2015, No. 17, § 2.)
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