Print
The Vermont Statutes Online
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.)