The Articles of Incorporation for a Corporation serve a role parallel to that of the Tennessee Articles of Organization for an LLC, with both documents being foundational legal tools for structuring businesses within their respective categories. Articles of Incorporation set the stage for a corporation by outlining key details like the corporation’s name, purpose, and stock details, similar to how Articles of Organization specify an LLC's name, management structure, and member details. Despite the type of entity differing, both documents formally establish the entity's existence under state law.
Operating Agreements, while not filed with the state like the Articles of Organization, provide an internal framework for the operational aspects of an LLC, somewhat mirroring the role the Articles play in defining the LLC's structural basics. Unlike the Articles, which are public documents, Operating Agreements are private documents that detail the rights, powers, duties, liabilities, and obligations of the members among themselves and with respect to the LLC. This similarity lies in their foundational importance for the management of the entity’s internal affairs.
Partnership Agreements guide the operations and decisions of a partnership and, in that way, are akin to Articles of Organization for LLCs. Both documents outline the governance structure and operational protocols of the business entity. While Partnership Agreements cater to partnerships and are not typically state-filed documents, they share the purpose of setting operational and governance expectations, akin to how Articles of Organization establish the legal structure and operational guidelines for an LLC.
Bylaws for a corporation detail the rules governing the corporation’s operations and are somewhat parallel to the Articles of Organization for an LLC. Bylaws, which cover the corporation's internal management aspects more fully than the Articles of Incorporation, share similarities with Articles of Organization in establishing a firm basis for the entity's operational structure, governance, and procedural rules, albeit serving different types of business entities.
The Certificate of Formation, similar to the Articles of Organization but used in some states instead, is the document filed to legally form an LLC. It typically requires information like the company name, purpose, duration, and management type. This similarity is direct, as both serve the foundational registration requirement for creating an LLC under state law, despite the difference in terminology.
A DBA registration ("Doing Business As") document allows a business to operate under a name different from its legal name, similar to how an LLC's Articles of Organization may specify a professional or trade name under which the company will do business. The connection here is in the naming of the business entity - one document establishes the entity's legal name, while the other allows it to publicly operate under another name for marketing or business purposes.
The Employer Identification Number (EIN) application (Form SS-4 with the IRS) is necessary for tax administration purposes and, while not a one-to-one match, functions similarly to the Articles of Organization in establishing your LLC’s identity, but from a federal perspective. Both are initial steps towards legitimizing the business entity, one at the state level and the other at the federal level, emphasizing their foundational importance to business operations.
Foreign LLC Registration forms, required when an LLC formed in one state wishes to operate in another state, share similarities with the Articles of Organization as they often require equivalent information to register the LLC in the new state. This process resembles the initial formation and registration of an LLC, emphasizing the foundational role such documents play in legal recognition and operational sanction across jurisdictions.
The Annual Report filed by an LLC, while serving a different function than the Articles of Organization, shares the similarity of being a recurring document necessary for maintaining good standing with the state. Unlike the Articles which are filed once at the formation of the LLC, the Annual Report keeps the state updated on essential information such as the LLC’s address and current members, reflecting the business’s ongoing operational status.
Finally, the Dissolution documents for an LLC, which are filed to legally end the existence of an LLC, can be seen as the bookend to the Articles of Organization. While the Articles establish the legal framework for starting the LLC, the Dissolution documents officially terminate it. Both are critical bookends in the lifecycle of an LLC, marking its legal commencement and conclusion within state records.