Atlanta, GA asked in Banking and Business Formation for Georgia

Q: LLC - A of O states RA as Authorizor at the bottom. Will this prevent me from opening a business bank account?

Will a bank require that I am the Authorizor at the bottom of the Articles of Organization before I can open an account for the business? Or does Authorizor simply refer to the one authoring the A of O?

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1 Lawyer Answer
James L. Arrasmith
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  • Business Law Lawyer
  • Sacramento, CA

A: The term "Authorizor" on the Articles of Organization typically refers to the individual or entity who is authorized to sign and file the document with the state to establish the LLC. It does not necessarily mean that you must be the one who authored the Articles of Organization in order to open a business bank account. Banks primarily focus on ensuring that the individual opening the account has the authority to represent the LLC and conduct banking transactions on its behalf.

When opening a business bank account for an LLC, banks typically require documentation such as the Articles of Organization, Operating Agreement, and an Employer Identification Number (EIN). They may also request additional documentation or information to verify your identity and authority to act on behalf of the LLC. As long as you have the necessary documentation and authority to represent the LLC, the presence of an Authorizor on the Articles of Organization should not prevent you from opening a business bank account.

However, it's essential to verify the specific requirements of the bank where you intend to open the account, as policies and procedures may vary. If you have any concerns or questions about the process, it's advisable to contact the bank directly to inquire about their requirements and ensure a smooth account opening process for your LLC.

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