Effective date of registration of foreign association (check, and if appropriate complete, one of the following): The Foreign Registration Statement shall be effective upon filing in the Department of … 7. An LLC’s members can designate a method for allocating profits and losses in an LLC Agreement that is greater … A series LLC is a master, or head LLC, with a setup that allows for separate units to operate as independent LLCs. For information on visiting the Capitol Complex, please visit pacapitol.com. This is an ideal setup for companies that wish to get involved with more than one operation, but are interested in keeping liabilities of each separate. With this, each series within the LLC is protected from the liabilities of the others. If you need to use an alternate name in Pennsylvania, you must include a resolutio The filing fee is $70. The association may not have series. Interested in visiting the State Capitol? The Pennsylvania LLC Law gives LLC members contractual freedom to customize their capital contributions and their shares of profits and losses. The Pros And Cons Of Series LLCs November 16, 2015, 3:30 PM EST. Reports are due by the end of each year ending in “1” (2021, 2031, 2041, etc.). This type of entity is referred to as the Delaware series LLC. Contact 171 likes. Northern Pennsylvania's Running Series.
The Law specifically endorses the freedom of contract, and an LLC agreement may waive or modify almost any provision of the Law. Basically, your Pennsylvania LLC Decennial Report is a form you file every ten years to let the state know that your LLC still exists. Under Delaware law, a limited liability company (LLC) may be composed of an individual series of membership interests. Pennsylvania (/ ˌ p ɛ n s əl ˈ v eɪ n i ə / PEN-səl-VAY-nee-ə), officially the Commonwealth of Pennsylvania, is a state located in the Northeastern, Great Lakes, Appalachian, and Mid-Atlantic regions of the United States.The Appalachian Mountains run through its middle. The association may have one or more series. an indication of whether your LLC is a series LLC; the effective date of your foreign registration (which may be the date it’s filed) an statement of whether your LLC will be a professional LLC; if a professional LLC, a statement of what professional services the LLC will provide, and; an authorized signature. Forget to file? You lose exclusive rights to your company’s name—meaning other businesses can request it. Form a Delaware Series LLC Now. Visitor Information. The Northern Pennsylvania's Running Series is a 7 race series that runners can enter to earn points.