Initial Member Resolutions.
Initial member resolutions: adopt operating agreement, authorize bank account, authorize EIN, ratify Articles.
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Formalize foundational actions.
Authorizing the account opening.
Even if you have been operating informally.
Investors want clean records.
What to avoid.
Gap visible when records are requested.
Must be signed by all members.
Align with formation documents.
Banks want specific authorization.
Common questions.
Do single-member LLCs need these?
Sign electronically?
Do I file with state?
When do I create new resolutions?
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