ARS Section 29-632 Articles of Organization

ARS Section 29-632 Articles of Organization2017-02-25T05:09:48+00:00

A. The articles of organization shall state:

1. The name of the limited liability company.

2. The name, street address in this state and signature of the agent for service of process required to be maintained by section 29-604.

3. The address of the limited liability company’s known place of business in this state, if different from the street address of the company’s statutory agent.

4. The latest date, if any, on which the limited liability company must dissolve.

5. Either of the following statements:

(a) Management of the limited liability company is vested in a manager or managers.

(b) Management of the limited liability company is reserved to the members.

6. The name and address of either of the following:

(a) If management of the limited liability company is vested in a manager or managers, each person who is a manager of the limited liability company and each member who owns, either separately or as a co-owner with others, a twenty per cent or greater interest in the capital or profits of the limited liability company.

(b) If management of the limited liability company is reserved to the members, each person who is a member of the limited liability company.

B. The articles of organization may include any other provision that is consistent with law, including any provisions under this chapter that are required or permitted to be set out in an operating agreement of the limited liability company.

C. It is not necessary to set out in the articles of organization any of the powers enumerated in this chapter.

Caution:  The above language was taken from Arizona’s statutes on November 12, 2016.  Check the Arizona legislature’s website to determine if this statute changed after November 12, 2016.