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  1. #1
    Join Date
    Feb 2015
    Posts
    1

    Default How to Prove or Verify Ownership of a LLC

    My question involves business law in the state of: wyoming

    Hello, I come from Germany and I have started an online business in the US.
    My question is about the ownership of a LLC.

    I was told that the Members of the LLC are not listed on the Articles of Organization and not in a State database.
    Ownership will be determined by the Organizational Meeting and Minutes and the Operating Agreement.
    These documents exist only in my office and are not listet public as a proof of ownership in any state database.
    so ANYBODY can create and print these files out, are they useless?

    If I wish to include member/manager information I will need to file articles of amendment at this point.
    Again: Can ANYBODY file these documents? who is verifying that the changes of the members are allowed.

    I want to invest money in my LLC but I am not sure how to ensure that nobody can take over my company.
    In germany you have to go to a notary and verify with your passport that you are founding this entity. everybody can see that the company is yours.
    It is listed in the district court.

    how can I ensure, that the company remains to me?
    thank you

  2. #2
    Join Date
    Sep 2010
    Posts
    19,901

    Default Re: Ownership of Us LLC

    You're going to have to explain how you envision someone is going to "take your company?"

    Even with corporations in the US there is no governmental registry of shareholders.

  3. #3
    Join Date
    Nov 2013
    Posts
    7,056

    Default Re: Ownership of Us LLC

    Unless you have a publicly traded company (on a stock market), nobody can take over your company unless you sell or give them the controlling interest.

  4. #4
    Join Date
    Sep 2010
    Posts
    19,901

    Default Re: Ownership of Us LLC

    Even in a publicly traded company there's no governmental registry of the shareholders.

    And even with public tradiing it takes someone who ALREADY OWNS an interest to SELL there interest for someone to BUY it.

  5. #5
    Join Date
    Nov 2013
    Posts
    7,056

    Default Re: Ownership of Us LLC

    I should add that if you have partners or share holders who's combined interest exceeds yours, and they sell those shares to someone who's interest would be greater than yours, you could loose control. Unless that was expressly prohibited in the incorporation papers or business agreement.

  6. #6
    Join Date
    Mar 2015
    Posts
    2

    Default Re: Ownership of Us LLC

    As a member, you should have a copy of the agreement, which you can then present to a bank or other official to verify that you are a member of the LLC.

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