Articles of Organization - Professional Limited Liability Company - Kentucky

Articles of Organization - Professional Limited Liability Company is a legal document that was released by the Kentucky Secretary of State - a government authority operating within Kentucky.

FAQ

Q: What is a Professional Limited Liability Company?A: A Professional Limited Liability Company (PLLC) is a legal entity that is designed for professionals, such as doctors, lawyers, and accountants, to conduct their business while protecting their personal assets from legal liabilities.

Q: What is the purpose of filing the Articles of Organization?A: Filing the Articles of Organization is the first step in officially forming a Professional Limited Liability Company in Kentucky. It establishes the existence of the PLLC as a legal entity.

Q: What information is required in the Articles of Organization?A: The Articles of Organization must include the name of the PLLC, the professional services it will provide, the names and addresses of the members or managers, and the registered office and agent for service of process.

Q: What happens after the Articles of Organization are filed?A: Once the Articles of Organization are filed and approved by the Secretary of State's office, the PLLC is officially formed and can begin conducting business in Kentucky.

Q: Does a PLLC need an Operating Agreement?A: While not required by law, it is highly recommended for a PLLC to have an Operating Agreement in place. This document outlines the internal operations and management structure of the company.