Legal Question in Business Law in California
How can i do add new member to LLC in California
and what form need to filing?
3 Answers from Attorneys
You can add a member on your official records with the Secretary of State by filing a new Statement of Information, but you should also do an amendment to your company operating agreement.
Well, you also want a more formal LLC Member Admission Agreement so that everyone knows what is expected. I would assume that you will also have everyone sign the new LLC Operating Agreement.
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Step One is to review your LLC-1 (Articles of Organization form) and your Operating Agreement for anything that needs to be changed or directs or governs the process for adding a member.
If the LLC-1 needs to be amended - probably not, but maybe, if the number of managers, etc., will also change - then file an LLC-2 (Certificate of Amendment).
Then prrepare and file an LLC-12, Statement of Information form.
These are all simple forms and available on the Secretary of State Web site, www.ss.ca.gov. There is a modest filing fee for each.
Finally, make sure the Operating Agreement is consistent with the addition of the new member, including what his capital contribution is to be; have him sign it.
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