Limited Liability Companies – Colorado

By | February 6, 2008

Address of state office for filing:
Colorado Secretary of State
Corporations Section
1700 Broadway, Suite 200
Denver CO 80290
Telephone: 303-894-2200
State web address: http://www.leg.state.co.us/
Filing Fee: $25 online filing fee, $125 paper filing fee
Name requirements: The official name must contain the words “Limited Liability Company” or “Limited,” or the abbreviations “L.L.C.” or “LLC.” The word “Limited” may be abbreviated as “Ltd.” and the word “Company” may be abbreviated as “Co.” (Section 7-90-601). Names may be reserved for 120 days (renewable). (Section 7-90-602). $25 fee for online filing, $125 fee for paper filing.
Organizer requirements: A limited liability company may be organized by one person. The organizer need not be a naturalperson, nor a member. (Section 7-80-203).
Articles of Organization requirements: Articles of Organization must contain the following: (1) name of company, (2) initial principal office of company, (3) registered agent name and office address, (4) organizers’ names and mailing addresses, (5) whether company will be managed by managers or members, (6) a statement that the company has at least one member, and (7) any additional matters. (Section 7-80-204).
Annual report requirement: Yes, to Secretary of State. (Sections 7-90-501, 7-80-301). $10 online filing fee, $100 paper filing fee.
Publication requirement: No.
Effective date of limited liability company organization: On the date of official approval of Articles of Organization, the company becomes a legal entity and the members are shielded from personal liability. (Section 7-80-207).
Membership requirements: Minimum number required is one. The member may be a natural person or a business entity. (Sections 7-80-102(9), 7-80-204).
Other: None.