Question
What are the publishing requirements for a single-member LLC in Arizona?
Answers
GPT-4o mini
In Arizona, a single-member Limited Liability Company (LLC) must adhere to certain publishing requirements under state law. Here are the key steps and requirements:
1. **Publication Requirement**: Arizona law requires newly formed LLCs to publish a notice of their formation for three consecutive weeks in a newspaper of general circulation in the county where the LLC's known place of business is located.
2. **Newspaper Selection**: The publication must be in a newspaper that is:
- Published at least once a week.
- Not a supplement or special edition; it must be a newspaper of general circulation.
3. **Contents of the Notice**: The notice must include:
- The name of the LLC.
- The date of formation.
- The name and address of the statutory agent.
- A statement that the LLC is formed under the laws of Arizona.
4. **Proof of Publication**: After the publication is completed, the newspaper will provide an affidavit of publication. The LLC must file this affidavit with the Arizona Corporation Commission (ACC) within 60 days of the last publication date.
5. **Cost**: The cost of publication can vary depending on the newspaper and the county, but it is generally a few hundred dollars.
6. **Exceptions**: If the LLC's known place of business is in Maricopa or Pima County, a specific procedure and designated newspapers are typically followed. However, there may be exceptions in some cases, such as when the LLC is registered in compliance with the publication requirements in an alternative manner.
It’s always advisable to check with the Arizona Corporation Commission or consult a legal professional for the most current requirements and any potential updates to the law.
1. **Publication Requirement**: Arizona law requires newly formed LLCs to publish a notice of their formation for three consecutive weeks in a newspaper of general circulation in the county where the LLC's known place of business is located.
2. **Newspaper Selection**: The publication must be in a newspaper that is:
- Published at least once a week.
- Not a supplement or special edition; it must be a newspaper of general circulation.
3. **Contents of the Notice**: The notice must include:
- The name of the LLC.
- The date of formation.
- The name and address of the statutory agent.
- A statement that the LLC is formed under the laws of Arizona.
4. **Proof of Publication**: After the publication is completed, the newspaper will provide an affidavit of publication. The LLC must file this affidavit with the Arizona Corporation Commission (ACC) within 60 days of the last publication date.
5. **Cost**: The cost of publication can vary depending on the newspaper and the county, but it is generally a few hundred dollars.
6. **Exceptions**: If the LLC's known place of business is in Maricopa or Pima County, a specific procedure and designated newspapers are typically followed. However, there may be exceptions in some cases, such as when the LLC is registered in compliance with the publication requirements in an alternative manner.
It’s always advisable to check with the Arizona Corporation Commission or consult a legal professional for the most current requirements and any potential updates to the law.