The individual or entity responsible for forming a limited liability company is often referred to as the initial point of contact for the state. This partys primary duty is to execute and file the articles of organization with the relevant state authority, officially creating the LLC. For example, a prospective business owner might act in this capacity, filing the necessary paperwork to establish their new venture.
The role is crucial as it sets the legal framework for the business’s existence. By ensuring proper filing and adherence to state regulations, this person or entity helps establish the LLC’s legitimacy and protects its members from personal liability. Historically, this function was often performed by legal professionals, but increasingly, individuals and online formation services are undertaking this responsibility. Correct execution of this role helps ensure a smooth launch and compliant operation for the newly formed company.