What Is an Authorized Member of an LLC in Florida?

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Overview of LLC Formation in Florida

  • An LLC manager runs daily operations and makes decisions.
  • Understanding the roles of an authorized member and manager is crucial in setting up an LLC in Florida.

Member-Managed vs. Manager-Managed LLCs

  • In a member-managed LLC, all members participate equally in company operations.
  • In a manager-managed LLC, daily operations are handled by appointed managers.

Roles and Authorities in a Florida LLC

  • Authorized Person of an LLC in Florida:
    • A person with the authority to act on behalf of the LLC and carry out commercial activities.
  • Authorized Person or Authorized Representative:
    • The authorized representative executes and files records with the Division of Corporations.

Designations in LLC Management

  • Manager/Authorized Representative (MGR/AR):
    • Designated individuals responsible for company management and filings.

LLC Formation in Florida

  • A Limited Liability Company offers asset protection and tax advantages, making it a popular choice for small businesses.
  • Understanding the benefits and structures of Florida LLCs is essential for entrepreneurs.

Operating an LLC in Florida

  • An LLC owner is referred to as an authorized member with the authority to act on behalf of the business.
  • An LLC manager oversees daily operations and may or may not be a member of the LLC.

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