Once you set up an Ohio LLC, your new company is required by statute to keep certain records at its principal office. Here’s a quick checklist of what your company must have on file:
- A current alphabetical list of the full name and last-known business and residence address of each member.
- A copy of the Articles of Organization, amendments to the articles, and powers of attorney pursuant to which the articles or amendments have been executed.
- A copy of the Operating Agreement, amendments to the Operating Agreement, and powers of attorney pursuant to which the agreement or amendments have been executed.
- Copies of the company’s federal, state and local tax returns for the three most recent years.
- A written document that states the following things, if they’re not already contained in your company’s operating agreement:
- The amount of cash, and a description and statement of the agreed value of any other property or services, that each member has contributed or agreed to contribute;
- If members have agreed to make additional contributions, the time and/or event upon which the contribution is to be made;
- Any right of a company to make a distribution to a member, or of a member to receive a distribution, that includes a return of all or any part of the member’s contribution; and
- Each event upon which the company is to be dissolved and its affairs wound up.
