Minnesota CLE's InFORMed Annotated Legal Documents – for LLCs!

Each only $49!

What Is an InFORMed Annotated Legal Document?

InFORMed Annotated Legal Documents are expertly drafted legal forms and documents containing annotations and helpful commentary by expert attorneys. You'll receive drafting rationales and insights from the author, along with practice tips and citations to pertinent authority. Checklists and sample language also may be provided.

Each InFORMed Annotated Legal Document comes with a companion eFormbook which is accessible through your account on the Minnesota CLE website. The eFormbook contains the unannotated version of the documents included in the manual. Don’t scan or retype the documents found in the annotated manual – save time by simply downloading the documents and fine-tuning them to suit your needs!

InFORMed Annotated Legal Documents for LLCs:

1. LLCs (Board Managed) InFORMed: Annotated Legal Documents
   
   This InFORMed Annotated Legal Document with eFormbook is drafted by highly respected business law practitioners and designed to help attorneys in Minnesota draft business formation documents for their clients to create board-member managed LLCs. This InFORMed document was drafted to help practitioners create solid business formation documents governing the relations among members and between members and the LLC, the rights and duties of managers or governors of the LLC, activities and conduct of the LLC, and the method and conditions for amending said documents. The fully annotated form also includes optional provisions for member-managed and manager-managed LLCs, as well as drafting rational and legal authority, such as citations to primary sources of law in Minnesota like statutes and case law.
   
   The companion eFormbook provides the form(s) in an electronic, unannotated format that practitioners can download and use to begin the process of drafting the articles of incorporation and operating agreement for a Board-Managed LLC.
    
2. LLCs (Manager Managed) InFORMed: Annotated Legal Documents
   
   This InFORMed Annotated Legal Document with eFormbook is intended for use with a multi-member limited liability company with management concentrated in a single individual or entity, similar to a general partner in a limited partnership. In general, this agreement is very “management friendly.” The biggest benefit of having a manager-managed LLC is that a manager does not have to be an owner. When working with clients that have silent investors, an investor that is not going to be a part of the day-to-day running of the LLC, or where there are multiple owners and one or more do not work at the LLC, practitioners and their clients may want to consider the Manager-Managed LLC model.

   The companion eFormbook provides an electronic version that practitioners can download and use to get started. It's a valuable resource to begin the process of drafting an operating agreement for a Manager-Managed LLC.
    

3. LLCs (Single-Member Managed) InFORMed: Annotated Legal Documents
   
   The Single Member Managed LLC Operating Agreement InFORMed Annotated Legal Document with eFormbook was drafted by one of the most highly respected business law practitioners in Minnesota. The annotated document includes an in-depth introduction, which provides an overview of the history, rationale, and benefits of a single-member managed LLC, as well as a fully annotated operating agreement with the primary sources of relevant Minnesota law and key drafting rationale to assist practitioners in drafting complete and effective documents. These comprehensive materials include Articles that cover members, officers, financial and tax matters, indemnification, dissolution and winding up, and amendment. This InFORMed Annotated Document was created to give attorneys a helping hand at drafting the documents necessary to create a single-member managed LLC.

   The companion eFormbook provides a downloadable electronic version, giving practitioners a head start when it comes to drafting.

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