RESOLUTION TO CONTINUE LLC AFTER TRIGGERING EVENT WHEREAS, it has been determined in a unanimous vote by all remaining members

and/or managers that ________ insert name of LLC_________, LLC business activity and existence should be continued. RESOLVED, that the above named LLC shall continue its operations after the following triggering event, _______________________________________________________ . The undersigned certifies that he/she has been elected and is the qualified Secretary and the custodian of the books and records of _______________________________, an LLC duly formed pursuant to the laws of the state of ___________. The foregoing is a true and correct record. Signatures in favor of continuing the LLC ________________________________
_____________________________

Printed Name and Title _____________________________

___________________________

Dated: _____________20_____

______________________________________ Signature of Secretary

PLEASE NOTE: This information was initially detailed in Chapter 23. Many states have removed the old requirement for LLCs to affirmatively elect to continue their legal status after a triggering event has occurred. Consequently, in most states an LLC may continue to exist even after a so called triggering event has occurred, even if a vote of members in favor of continuation is not obtained. Nevertheless, our Operating Agreements will require the unanimous consent of remaining members to continue the LLC after a triggering event. This is because this requirement still exists in a handful of states. If you want to play it safe always obtain unanimous consent to continue the LLC if there is a removal, bankruptcy, death, incompetence, resignation, withdrawal, or corporate dissolution of a Member within 90 days.