Legal Question in Business Law in New York
How do I change the business purpose of an LLC from an investment club to a management company?
1 Answer from Attorneys
You make an amendment in the state record assuming this purpose was articulated in the articles in such a way.
Typically, when you state the business purpose at the time of the formation it is almost always "for any lawful purpose" so you never have to be concerned about a changing or evolving charter. In some rare cases, the LLC has to state a specific purpose or duration.
If you would like to discuss further over a free phone consult, feel free to contact me anytime that is convenient.
Kind regards,
Frank
www.LanternLegal.com
866-871-8655
DISCLAIMER: this is not intended to be specific legal advice and should not be relied upon as such. No attorney-client relationship is formed on the basis of this posting.
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