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Irwin Law
Irwin Law, Attorney
Category: Business Law
Satisfied Customers: 6854
Experience:  30+ yrs. representing small business, real estate, probate
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I have formed a Member-Managed LLC and now I have moved to

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I have formed a Member-Managed LLC and now I have moved to my country. Is this mandatory to change it to Manger-Managed so that a manager can manage this or if I just appoint a manager in USA will be enough?

Hello and thanks again for submitting your question to Just Answer. I will have to look up this information.What state was the LLC formed in? Are you the sole member of it?

Customer: replied 3 years ago.

State formation: NC


2 Members both are out of status now.

Hello: Under NC LLC laws there is no requirement that members reside in the U.S. You will have to have a resident agent in NC for service of process and a primary business office here.
I hope that this information is helpful, and that you will click on one of the Smiley Faces that indicates okay, good or excellent service.

Customer: replied 3 years ago.

Thanks for this information. Few more things are still required:


 


1. When you said resident agent, do you mean a manager who can look after the business and also work on behalf of company for all banking transactions.


 


2. Do i need to inform SOS for hiring of a manager or a registered agent?


 


3. Do i need to inform SOS for change in business address?


 


Thanks for your help.

1. When you said resident agent, do you mean a manager who can look after the business and also work on behalf of company for all banking transactions.
ANSWER: The resident agent is the one registered with SOS as the designated person to receive notices on behalf of the LLC. He is not the manager and has nothing to do with actually running the company.


2. Do i need to inform SOS for hiring of a manager or a registered agent?

Manager, no.

Registered Agent, yes. I L-17 or L 23 on https://www.secretary.state.nc.us/corporations/Forms.aspx?PItemId=5429715&Type=LimitedLiability%20Company. Or make the changes on your next annual report.

3. Do i need to inform SOS for change in business address?

Usually, that can be done on the annual report form or L 23, see above.
I hope this Answer is helpful and that you will give it a positive rating. If you have any follow up questions please send back a Reply. You should consult a local attorney to verify that this information is accurate for your state. Thank you for using Pearl.com- Just Answer. We appreciate your business.

Customer: replied 3 years ago.

Irwin,


 


I already have a registered agent for my LLC and it has been reported to SOS while at the time of LLC formation.


 


Now If I need to hire a manager for my LLC, do I need to do any amendment in my LLC?


 


Or by just updating our operating agreement, I can give powers to a manager to manage my LLC?


 


 


 

Now If I need to hire a manager for my LLC, do I need to do any amendment in my LLC?

NO.

Or by just updating our operating agreement, I can give powers to a manager to manage my LLC?

That is correct. Just change the operating agreement from Member Managed to Manager Operated, and set out the powers that the manager is to have. It's pretty much standard boiler plate and available on line.

Customer: replied 3 years ago.

Little confusion.


 


When you said "just change the operating agreement from Member Managed to Manager Operated", I hope I do not need to amend this with SOS too by filing L-17?


 


 

No you don't. The operating agreements aren't filed with SOS. They are not subject to public inspection.
Irwin Law and other Business Law Specialists are ready to help you
Customer: replied 3 years ago.

Thanks Irwin.


 


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