Credit Application Addendum - LLC's Form
LLC is Managed by:
One manager onlyMore than one managerLLC members
LLC Capitalization: Please specify the capitalization rates of each of the LLC members.
NOTE: A Personal Guaranty may be required, after review of the LLC Capitalization information listed above
LLC Dissolution: Which events will cause the dissolution of this LLC?
withdrawal of member death of member resignation of member explusion of member member bankruptcy addition of member
Please provide a copy of the LLC Article of Organization selections verifying these events and the indicated actions should they occur.
The information submitted on the credit application addendum is warranted to be accurate and true. I hereby agree to notify Creditor of any change in the LLC members or dissolution due to changes. I am authorized to contractually bind this LLC, and warrant that this company is authorized to operate as an LLC in the stated chartered. Two(2) signatures are required if LLC has only two(2) members with equal shares of ownership.
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Document Name: Credit Application Addendum - LLC's Form
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