LIMITED LIABILITY COMPANY OUTLINE
THE LIMITED LIABILITY COMPANY, LLC,
A LEGAL FRAMEWORK FOR
LAND & COMMUNITY DEVELOPMENT
This is the basic framework for operating the Company and it appears hyper-legal and overwhelming, but its really quite simple and fair. We are not usually exposed to this type of fairness in policy making, finances, management and membership, so it is important to study this document to see what the potential is. In order to create a new relationship with each other beyond the traditional servitude between landlords and laborers, we need a system that fosters membership/ownership in the project. It also fosters a more responsible relationship to the land and surroundings. Sustainable Development is only sustainable if the people get their fair share of the harvest and make a good living and have a decent community structure.
This legal format will help many to create such a world.
It will help create communities that are not communistic, multinational corporations, strickly religious based, volunteer/donation based, nor slave/oppressed labor based. This is a sample form of a typical Real Estate LLC Operating Agreement. It doesn't do much more than create the legal framework for the actual Operating Plans of the Project. But its necessary to do this legal homework first. No matter what type of community you currently live in, this framework will allow you to compare and contrast with what you are familiar with, and what you think should be the legal framework for a small community. This is some serious food for thought, and the LLC is the product of a century of attempts to create a fair legal corporation that can operate in the larger legal/gov't. and corporate context in such a fashion that people become participating members, and not just alienated shareholders or employees. The LLC is a whole new alternative for Land Planning & Development.
LIMITED LIABILITY COMPANY DOCUMENTS:
- BOOKS AND RECORDS
- CAPITAL CONTRIBUTIONS
- ALLOCATIONS AND DISTRIBUTIONS
- DISPOSITION OF MEMBERSHIP INTERESTS
- MEETINGS OF MEMBERS
- EXCULPATATION OF LIABILITY: INDEMNIFICATION
- OTHER ACTIVITIES, DISSOLUTION & WINDING UP
- MISCELLANEOUS PROVISIONS
- PROPERTY CONTRIBUTIONS
CERTIFICATE OF FORMATION
ARTICLES OF ORGANIZATION
State Agent & Transfer, NV LLC Incorporators
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