Kentucky



Kentucky Multi Member LLC Operating Agreement

Kentucky Multi Member LLC Operating Agreement

A multi member operating agreement for Kentucky is written like a partnership agreement as it contains ownership and financial terms in a contract with the other owners, or ‘members’. The members involved in the agreement should read the form carefully to make sure all verbal negotiations appear the same in the document. The agreement is not required by law, but […]

Kentucky Multi Member LLC Operating Agreement

Kentucky Multi Member LLC Operating Agreement

The Kentucky multi member LLC operating agreement is How to Write Step 1 –

Kentucky Single Member LLC Operating Agreement

Kentucky Single Member LLC Operating Agreement

The Kentucky single member operating agreement allows the sole owner of an LLC to create a bylaw for their company. The agreement will usually detail the daily business activities of the entity and designate any roles to managers and officers. The main purpose of the operating agreement is to help protect the entity status of […]

Kentucky Single Member LLC Operating Agreement

Kentucky Single Member LLC Operating Agreement

The Kentucky single member LLC operating agreement is How to Write Step 1 –

The Kentucky llc operating agreements set the bylaws and ownership interest for a company that has been formed in the State. Most of the information needed to fill in the form may be found at the Secretary of State’s business database.

Kentucky LLC Laws – According to Chapter 275, an operating agreement is not required.
275-177 Enforcement of limitations on amendment of operating agreement.
275-180 Operating agreement provisions on personal liability and indemnification.

How to Setup an LLC

Step 1 – Choose the entity name. The applicant does not want to attempt registering a name that already exists in the State. Therefore, the business database should be checked by the applicant to ensure the name does not already exist.

Step 2 – File Articles of Organization. An applicant has the choice of filing online or through the standard paper version and mailing to the Secretary of State.

Types

Domestic (KLC) – A typical business located in the State of Kentucky.

Domestic Non-Profit (NLC) – A non-profit entity located in the State of Kentucky.

Domestic Professional (PLC) – A business that is located in the State of Kentucky and described in Statute 274.005(2)

Certificate of Authority (FBE) – For an LLC currently doing business outside the State and looking to establish in Kentucky.

Step 3 – Pay the appropriate fee. If the applicant is performing the standard mail-in application, they will want the check to be payable to the ‘Kentucky Secretary of State’

Domestic – $40

Domestic Non-Profit – $40

Domestic Professional – $40

Certificate of Authority – $90

*At this time for online filers the process is complete

Step 4 – Mail. Send the application along with the filing fee attached to the following address:

Alison Lundergan Grimes
Secretary of State
P.O. Box 718
Frankfort, KY 40602-0718

Step 5 – The application process is now complete. At the members option, they may decide to obtain an Employer’s Identification Number (EIN). This is required to make any type of financial transaction including making a bank account.

Apply Online for an EIN