COMP 2.2.2

If the standard articles are not adopted, then the articles filed by the LLC with the application for a certificate of incorporation must, at least, provide for:

(A) the purpose for which the LLC is being formed;
(B) the amount of share capital of the LLC and the creation of classes of shares, where the LLC considers that it may seek to create classes of shares;
(C) the issue or alteration of share capital;
(D) the rights attaching to shares or classes of shares;
(E) the transfer of shares and, if relevant, liens over shares;
(F) an annual general meeting;
(G) the requisition, by members, of general meetings;
(H) the proceedings including voting at general meetings;
(I) accounts and other information to be provided to members before every annual general meeting;
(J) the maximum number of directors;
(K) the appointment, retirement, disqualification and removal of directors and other officers;
(L) the remuneration of directors;
(M) the powers of directors, including powers to borrow on behalf of the company and the delegation of those powers;
(N) proceedings of directors meetings;
(O) appointment of the secretary; and
(P) the keeping of minutes.
Amended (as from 5th April 2015).