Free Professional Bylaws for LLC Template
Professional Bylaws for LLC
Article I: Name and Principal Office
Section 1.1: Name
The name of the Limited Liability Company (hereafter referred to as "Company") shall be [YOUR COMPANY NAME].
Section 1.2: Principal Office
The principal office of the Company shall be located at [YOUR COMPANY ADDRESS]. The Company may change its principal office as determined by the Members.
Article II: Purpose
Section 2.1: Purpose
The purpose of the Company is to engage in any lawful business activity permitted under the laws of the State of Delaware, including but not limited to consulting services, project management, and technology solutions.
Article III: Members
Section 3.1: Members
The Members of the Company are as follows:
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Lyda Fadel, Miami, FL 33101
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Johann Harvey, San Francisco, CA 94102
Section 3.2: Admission of New Members
New Members may be admitted to the Company upon the unanimous consent of the existing Members.
Section 3.3: Rights and Duties of Members
Members shall have the right to participate in the management of the Company, share in its profits and losses, and have access to its records and financial statements.
Article IV: Management
Section 4.1: Management Structure
The management of the Company shall be vested in its Members. Decisions shall be made by a majority vote unless otherwise specified in these Bylaws.
Section 4.2: Meetings of Members
Meetings of Members shall be held at least annually, and special meetings may be called by any Member. Notice of meetings shall be given at least ten (10) days prior to the meeting.
Article V: Fiscal Matters
Section 5.1: Fiscal Year
The fiscal year of the Company shall end on the 31st day of December of each year.
Section 5.2: Bank Accounts
The Company shall maintain its bank accounts in its name and shall designate authorized signatories for transactions. The authorized signatories are Lyda Fadel and Johann Harvey.
Article VI: Indemnification
Section 6.1: Indemnification of Members
To the fullest extent permitted by law, the Company shall indemnify any Member against any losses, expenses, or liabilities incurred in connection with the Company, provided that such indemnification shall not apply to matters arising from gross negligence or willful misconduct.
Article VII: Amendment of Bylaws
Section 7.1: Amendment Procedure
These Bylaws may be amended only by a written agreement signed by all Members.
Article VIII: Miscellaneous
Section 8.1: Governing Law
These Bylaws shall be governed by and construed in accordance with the laws of the State of Delaware.
Section 8.2: Severability
If any provision of these Bylaws is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.
Adoption of Bylaws
These Bylaws were adopted by the Members of the Company on September 24, 2054.
