What are LLC Membership Certificates?

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What is the purpose of LLC Membership Certificates?

LLC Membership Certificates provide an extra layer of formality and record-keeping.

Are LLC Membership Certificates required?

No. LLC Membership Certificates are not required for a Limited Liability Company (LLC).

What information is printed on the LLC Membership Certificate?

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).

What information is NOT included on the LLC Membership Certificate?

Information not included on the certificate is the exact capital, profits, or voting interests, which are also explained in the Operating Agreement.

Where is the LLC Membership Certificate stored?

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.

How are LLC Membership Certificates transferred?

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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