Form an Oklahoma Limited Liability Company to limit small business risk
Every Oklahoma LLC is formed under the provisions of the Oklahoma Limited Liability Company Act in Title 18 of the Oklahoma Statutes.
LLCs can offer the members (owners) liability protection from the debts and obligations from the legal business entity. This liability protection as well as the relative ease of operation, makes forming a new Oklahoma LLC a great option for current and new businesses.
Tips on naming your Oklahoma LLC
Business entities filed in the state of Oklahoma must end with LLC, L.L.C. or Limited Liability Company. The LLC name must be distinguishable from that of another LLC or Corporation already on file in Oklahoma. In determining if a company is distinguishable, the Secretary of State will ignore words such as “and”, “the”, “or”, “a”, “an”. The Secretary of state will also ignore the use of punctuation, spaces and the use of capitals. Also, the Secretary of state will reject names that are deceptively similar to that of another entity.
Amending an Oklahoma LLC
At anytime after filing with the state, an Oklahoma LLC can amend the Articles of Organization to represent any changes and/or additions.
Common items that are amended are; the name of the LLC, the members of the LLC, the managers of the LLC, the business address of the LLC, etc.
Using an amendment is a great way to update any new information.
Dissolving an Oklahoma LLC
To dissolve an Oklahoma LLC or close an Oklahoma LLC an authorized representative must file a document called "Articles of Dissolution of an Oklahoma Limited Liability Company." This brief document requires a $50 filing fee payable to the state.
Oklahoma Secretary of State
Oklahoma Secretary of State Business Services Division 2300 N. Lincoln Boulevard, Ste. 101 Oklahoma City OK 73105
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