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Customized Membership Issuance Agreements
An LLC is a legal entity separate and
apart from its owners. So, when an LLC is formed it does
not have any owners. The LLC needs to issue ownership
units, known as Membership Units, to the owners of the
LLC. Owners of the LLC then become Members.
Membership Units are issued by a document known as a
Subscription Agreement. The
VirginiaBusinessFormation.com will prepare a
subscription agreement for each person who will become
an initial Member of the LLC.
Our Subscription Agreement is a professional Virginia
lawyer drafted agreement which contains recommended
securities based representations designed to protect the
LLC from potential securities based claims and
liability.
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