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here is the thing.. I am buying a property with this llc, my manager is signing all contracts etc..
now title or escrow is saying that they need my signatures as well, OR that I need to sign an authorization for him to sign so we can close the transaction. but they are saying that he needs to be part of the members at least 99 and 1% so he can only sign himself. rare answer...
I told them that my llc is manager managed that i can elect any managers anytime, not be me members. they are confused by this.
So, the solution I think is.. write something, saying that me, member manager of this llc, elect this person xxxxxx as the new manager of this company and give authority to sign on behalf of company. correct or wrong? any samples, templates OR DO I NEED TO UPDATE the articles or organization or statement of information from state.
thanks, XXXXX XXXXX OA, says the company shall be managed by one or more managers. but my articles with state says, manage by 1 manager, if you see the articles sample, there is 3 options, 1 manager, 1 or more managers etc.. I chose 1 manager last year. so, i need to update it or just leave it as is?, but OA i think is okay.
again, escrow or title is not asking for articles, just a paragraph note from me stating that this new manager has been elected. But they want 2 signatures in contracts, they want to re do contracts with both signatures, and I told them not.. my manager is only authorize to sign, I don't want to drive and waste time etc. they are trying to figure out this issue.
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