If you’re in the process of forming an LLC, you’ll need to create an operating agreement that outlines the rules and regulations for the company. One important component of this document is the signature page.
What is a signature page for an operating agreement?
A signature page is the final page of an operating agreement that lists the names and signatures of all parties involved in the formation of the LLC. This includes the owners, or members, as well as any managers or officers.
Why is a signature page necessary?
A signature page serves as proof that all parties have agreed to the terms outlined in the operating agreement. It’s a legally binding document that confirms each member’s commitment to the company.
Additionally, the signature page can help prevent disputes down the line. If there is ever a disagreement or misunderstanding about the terms of the operating agreement, the signature page can be referred to as evidence of the members’ intentions.
What should be included in a signature page?
The signature page should include the following information:
– The name of the LLC
– The date the operating agreement was signed
– The signature of each member and manager/officer
– Printed names of each member and manager/officer
– The title of each manager/officer
It’s also important to note that the signature page should be executed in the presence of a notary public to ensure that it’s legally binding.
While the signature page may seem like a small component of the operating agreement, it’s a crucial one. It serves as proof that all parties involved in the LLC have agreed to the terms outlined in the document, which can help prevent disputes in the future. Be sure to include all necessary information and execute the signature page in the presence of a notary public to ensure its legality.