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Enter the complete name of the limited liability company (LLC) exactly as it appears in the records

Enter the complete name of the limited liability company (LLC) exactly as it appears in the records 2025

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The document provides detailed instructions for filing an Application for Certificate of Authority for a Limited Liability Company (LLC) in North Carolina. It outlines the necessary information required, including the LLC's name, state of formation, principal office details, registered agent information, and company officials. Additionally, it specifies the need for a Certificate of Existence and offers an optional notification system for updates regarding the application. The document also mentions compliance with additional licensing requirements for foreign LLCs rendering professional services.

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Versions	Form popularity	Fillable & printable
2017	4.8 Satisfied (61 Votes)
2014	4.8 Satisfied (51 Votes)
2002	4.4 Satisfied (46 Votes)

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Who is responsible if an LLC fails?

If the corporation or LLC cannot pay its debts, creditors can normally only go after the assets owned by the company and not the personal assets of the owners. However, the business owner can also be held responsible for corporate or LLC debts in certain situations.

What are the liability limits for an LLC?

One of the primary benefits of forming an LLC is that it limits the personal liability of its members. This means that members are typically not personally responsible for the LLCs debts or legal obligations. Instead, their liability is usually limited to the amount of their investment in the LLC.

What is an example of a limited liability company?

LLCs are important legal structures for forming a business. Limited liability means that the assets and debts of the business remain separate from the personal assets and debts of the LLCs owners.

What is an example of limited liability?

For example, the directors of small companies (who are frequently also shareholders) are often required to give personal guarantees of the companys debts to those lending to the company. They will then be liable for those debts that the company cannot pay, although the other shareholders will not be so liable.

Can an owner of an LLC be sued personally?

Owners are still liable for debts that they have personally guaranteed. They may be liable for unpaid payroll taxes. They may be liable under a so-called alter ego theory if they have failed to properly operate their LLC. And they are liable if they are sued for their own wrongdoing.

What are the limited liabilities of an LLC?

Heres how to use the California Secretary of State Business search tool to perform an LLC search by name: Step 1: Go to the California Secretary of States business search page. Step 2: Select the Search by Entity Name option. Step 3: Enter the name of the LLC you are searching for. Step 4: Review the search results.

Enter the complete name of the limited liability company (LLC) exactly as it appears in the records 2025

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