Lynne Trenery
About Lynne Trenery
Lynne Trenery is a business and corporate attorney in solo practice serving Arizona, Arizona. Business law practice in Arizona involves entity formation and governance under Title 10 (corporations) and Title 29 (LLCs) of the Arizona Revised Statutes, as well as commercial contracts, business disputes, and regulatory compliance under the Arizona Corporation Commission's oversight. For consultation, contact details are listed below.
This profile was compiled from publicly available information. Is this your profile? Claim it to add your bio, photo, and more.
Education
- Law School: U of Arizona
Common questions about Business Law in Arizona
Answered by Arizona Attorney Search Network
How do I form an LLC in Arizona?
File Articles of Organization with the Arizona Corporation Commission under ARS § 29-3201, designate a statutory agent (ARS § 29-3115), and adopt an operating agreement. Arizona does not require LLCs to publish notice of formation in most counties as of 2017, though Maricopa and Pima exemptions remain. Filing fees are modest, and Arizona does not require an annual report or fee for LLCs.
Do I need to register a foreign business in Arizona?
Yes, if your out-of-state entity is 'transacting business' in Arizona under ARS § 10-1501 (corporations) or § 29-3702 (LLCs). Activities like maintaining an office, holding employees, signing contracts in Arizona, or owning real property usually require foreign qualification with the Arizona Corporation Commission. Mere isolated transactions, holding shareholder meetings, or owning bank accounts typically do not.
What is an operating agreement?
An operating agreement is the LLC's internal governance document, addressing membership interests, capital contributions, profit/loss allocation, voting rights, manager authority, and exit terms. Arizona law (ARS § 29-3105) recognizes operating agreements as the primary source of LLC governance, with ARS Title 29 supplying default rules where the agreement is silent. Single-member LLCs benefit from operating agreements too, especially for clarifying corporate veil.