One or more persons may act as organizers of a limited liability company by signing and delivering articles of organization to the Commission for filing. An organizer need not be a member of the limited liability company after formation has occurred.

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Terms Used In Virginia Code 13.1-1010

  • Articles of organization: means all documents constituting, at any particular time, the articles of organization of a limited liability company. See Virginia Code 13.1-1002
  • Commission: means the State Corporation Commission of Virginia. See Virginia Code 13.1-1002
  • Member: means a person that has been admitted to membership in a limited liability company as provided in § Virginia Code 13.1-1002

1991, c. 168; 2006, c. 748; 2016, c. 288.