Greenbelt, MD asked in Business Formation for Maryland

Q: Please what am i allowed to provide under Purpose of Business in Maryland Article of Organization for registering LLC?

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1 Lawyer Answer
Cedulie Renee Laumann
Cedulie Renee Laumann
Answered
  • Crownsville, MD
  • Licensed in Maryland

A: This is a good question to ask a lawyer when sitting down to talk about forming a new business. Generally the purpose should describe what kind of things the entity will do (e.g., operate a restaurant, sell cars, provide landscaping services, etc.) but also have provision to do other permissible acts authorized by law and it's members.

Most of the time Articles of Organization only list very bare-bones limited information about a business. Most of the substantive details about the business should appear in its Operating Agreement.

You're encouraged to consult with a business lawyer who can answer your questions and offer assistance in forming a new entity.

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