When a limited liability company (LLC) in Wisconsin needs to make amendments to its Articles of Organization, the Form 504 is the necessary document to facilitate this change. Governed by the Department of Financial Institutions, this form serves as the official channel for LLCs to update critical information such as the business name, the address of the registered office, the name of the registered agent, and the management structure of the company, which can be either member-managed or manager-managed. Amendments require approval by a vote, adhering to the standards outlined in section 183.0404 (2) of the Wisconsin Statutes. The form also includes sections for the drafting individual's information, the execution date, and the signature of the person enacting the amendment, highlighting the importance of accountability and accuracy in these filings. With a filing fee of $40 and an optional expedited service for an additional $25, businesses can ensure their amendments are processed promptly. Furthermore, the Form 504 includes instructions for a delayed effective date of the amendment, allowing businesses to specify when the changes should officially take effect. This document is not only crucial for the legal compliance of LLCs but also supports the ongoing accuracy of public records, ensuring that the state and other interested parties have access to up-to-date information about the company's structure and contact details.
| Question | Answer |
|---|---|
| Form Name | WI DFI 504 Form |
| Form Length | 2 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 30 sec |
| Other names | dfi 504, form dficorp 504, form 504 articles, dfi 504 limited company |
