Each state has different rules regarding which documents the members need to file with the state. Generally, most states do not require a company to file their operating agreement or membership admission agreement. While these agreements must comply with state rules, they are usually considered internal documents and should be stored safely. An LLC that has a registered agent should make sure the registered agent has an updated copy of the membership admission agreement as well as any addendums or amendments to the operating agreement.
Depending on the state in which the LLC is formed, you may be required to file the membership admission agreement and/or report the changes on your annual report. It is important that you follow the appropriate rules for your state as well as make the required changes with the Internal Revenue Service (IRS). In many cases, these reporting requirements must be met at the time changes are made, but certainly no later than the end of the fiscal year of the LLC.
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