275.025 Contents of articles of organization.

329 words·~1 min read·/ky/chapter-275/275-025

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)The articles of organization shall set forth:

(a)A name for the limited liability company that satisfies the requirements of

KRS 14A.3-010;

(b)The registered office and initial registered agent that satisfy the requirements

of KRS 14A.4-010;

(c)The mailing address of the initial principal office of the limited liability

company; and

(d)A statement that the limited liability company is to be managed by a manager

or managers or that the limited liability company is to be managed by its

members.

(2)The term of a limited liability company shall be perpetual unless a period of

duration other than perpetual is set forth in the articles of organization.

(3)The articles of organization of a professional limited liability company shall

designate the professional services to be practiced through the professional limited

liability company.

(4)The articles of organization may set forth any other matter that under this chapter is

permitted to be set forth in an operating agreement not inconsistent with law.

(5)A member of a limited liability company shall not have a vested property right

resulting from any provision of the articles of organization.

(6)If the limited liability company is a nonprofit limited liability company, then the

articles of organization shall state that fact and its nonprofit purpose. This provision

of the articles of organization shall not be removed from the articles of organization

without written notice to the Attorney General of Kentucky given not less than ten

(10)business days prior to the filing of the amendment.

(7)The fact that the articles of organization are on file with the Secretary of State is

notice:

(a)That the limited liability company formed by the filing of the articles of

organization is a limited liability company formed under the laws of the

Commonwealth of Kentucky; and

(b)Of all other facts set forth in the articles of organization which are required to

be set forth by subsections (1), (3), and

(6)of this section.