Georgia LLC Continuing Obligations

Annual Report

Each limited liability company shall file the following annual report that lists:

  • The LLC name and the jurisdiction under whose law it is organized
  • The street address and county of its registered office
  • The name of its registered agent at that office in this state
  • The mailing address of its principal place of business
  • Any additional information that is necessary for the Secretary of State

Records

Each limited liability company shall keep following records open to inspection at its office:

  • A current list of the name and last known address of each member and manager
  • Copies of records that would enable a member to determine the relative voting rights, if any, of the members
  • A copy of the articles of organization, together with any amendments thereto
  • Copies of the LLC’s federal, state, and local income tax returns, if any, for the three most recent years
  • A copy of any operating agreement that is in writing, together with any amendments thereto
  • Copies of financial statements, if any, of the limited liability company for the three most recent years

Dissolution

Acts Triggering Dissolution

Unless otherwise provided in the articles or a written operating agreement, a limited liability company is dissolved upon the happening of any one of the following events:

  • An event specified or on the happening of an event specified in the articles or operating agreement
  • At a time specified in the articles or operating agreement
  • At a time approved by all of the members
  • At the time a member dissociates unless, within 90 days, all other members consent in writing, or as provided in the operating agreement, to continue the business, unless otherwise provided in the operating agreement
  • Entry of a judicial decree

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