The signature line on the bottom of a contract or agreement may seem simple enough, but are you signing as the right "person"? You may need to think about whether you are signing something as a Member or Manager when putting your name down; Each role has different responsibilities within the LLC, PLLC, or Series LLC, and signing as the wrong "person" may have some consequences you did not anticipate.

0:00 Introduction

0:02 Importance of signature lines in LLCs

0:23 Wearing different hats: Member, Manager, and Professional roles

0:47 Signing as a Manager and the significance of the title

1:15 Manager's role in forming a bank account for the LLC

1:49 Signing as a Member for voting on resolutions and making changes

2:41 Individual roles and working at the company

3:00 Reimbursement as an individual for professional expenses

3:56 Importance of specifying roles in signatures for clarity

4:38 Detailed explanation and recommendations for managing roles in LLCs

5:40 Conclusion

Ready to learn more about LLC Formation and Management in Texas with Attorney Nate Gilbert? https://longilbert.com/llc-formation