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LLC Membership Certificates provide an extra layer of formality and record-keeping.
No. LLC Membership Certificates are not required for a Limited Liability Company (LLC).
The information printed on LLC Membership Certificates includes the name of the Limited Liability Company (LLC), name of the member, date when the certificate was issued, and will be signed by an officer (president or secretary).
Information not included on the certificate is the exact capital, profits, or voting interests, which are also explained in the Operating Agreement.
The Stub is put in the LLC Records Binder by the Secretary of the Limited Liability Company.
The LLC Membership Certificate is kept by the Member.
A Member may sign over the LLC Membership Certificate to another individual or entity if there is a section on the certificate for transfers. The transfer should also be recorded in the Limited Liability Company’s (LLC) records book.
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