1. Limited Liability Company: Formation
Audio will begin automatically on the next slide.

2. General Overview Choose a home state File formation documents
Apply for relevant authorities to do business
Draft an operating agreement

3. Home State State of formation = home state Internal affairs doctrine
Disputes involving the internal affairs of a limited liability company shall be resolved under the rules of the state of formation.
Domestic LLC vs. Foreign LLC
Authority to do business in New York
Still operate under NY law

4. Two Pathways Domestic LLC Foreign LLC
File Articles of Organization ($200)
Publish notice of formation in two newspapers for six consecutive weeks (cost varies)
File the Certificate of Publication ($50)
Draft an Operating Agreement
Follow formation rules for home state (varies between home states)
File Application for Authority to do business in New York ($250)
Publish notice of qualification of the LLC in two newspapers for six consecutive weeks (cost varies)
File the Certificate of Publication ($50)
Draft an operating agreement if not done so upon formation in foreign state

5. Articles of Organization
Name
Location
Designation of the Secretary of State as agent
Designation of other agents
Dissolution date or event
Member liability
Manager-managed (if applicable)