- CO LLCs
- CO LLC: Getting Started
- Colorado Entity Comparison
- CO LLC: Advantages
- CO Entity Types & Descriptions
- CO LLC: Key Terms
- CO LLC: FAQ
CO LLC Key Terms
Annual Report (aka Period Report) - A form provided by the Secretary of State through which each domestic and foreign LLC annually provides or updates certain information required by the laws of Colorado.
Articles of Organization - A document that is used to form a Colorado Limited Liability Company and which sets out essential initial information about the CO LLC.
Assumed Name - The name, other than the actual LLC name, under which a CO LLC does business.
Capital Contribution - The total amount of cash and the fair market value of any other assets contributed to the company by a member.
Manager - A person, who may or may not also be a member of a manager-managed LLC, that is granted the authority to manage the CO LLC's business.
Member - A person or legal entity that owns a CO LLC interest.
Membership Interest - An ownership right in a LLC consisting of financial and/or governance rights in the company.
Operating Agreement - A legally enforceable contract that governs relations between the members of the CO LLC.
Registered Agent - A person or legal entity in Colorado that is designated to accept service of process for a CO LLC.
Registered Office - The street address in Colorado of the registered agent for service of process.
Series LLC - A new form of LLC which allows the owners to create separate series of ownership within one LLC. Currently not available in Colorado.
Single Member CO LLC - A CO LLC which is owned by a single person or entity.
Statemet of Foreign Entity Authority - A document that must be filed by a foreign LLC before the LLC may legally transact business in Colorado.
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