HomeMy WebLinkAboutSW4220601_Signing Official Title & Position Information_20220712r
SOSID: 1932810
Date Filed: 12/31/2019 9:43:00 AM
Effective: 1/1/2020
Elaine F. Marshall
North Carolina Secretary of State
State of North Carolina C2019 361 00186
Department of the Secretary of State
Limited Liability Company
ARTICLES OF ORGANIZATION
Pursuant to §57D-2-20 of the General Statutes of North Carolina, the undersigned does
hereby submit these Articles of Organization for the purpose of forming a limited liability
company.
1. The name of the limited. liability company is: BRAXTON REAL ESTATE AND
DEVELOPMENT COMPANY, LLC
2. The name and address of each person executing these articles of organization is as
follows: (State whether each person is executing these articles of organization in the
capacity of a member, organizer or both.
Gregory B. Garrett, Organizer and Member
6420 Hampton Knoll Road
Clemmons, N.C. 27012
3. The name of the initial registered agent is: Gregory B. Garrett
4. The street address and county of the initial registered agent office of the limited liability
company is:
Number and Street 6420 Hampton Knoll Road
City: Clemmons, N.C. 27012 County: Forsyth
5. The mailing address, if different from the street address, of the initial registered agent
office is:
6. Principal office information: (Select either a or b.)
a. ❑ The limited liability company has a principal office.
The principal office telephone number:
The street address and county of the principal office of the limited liability company is:
Number and Street:
City: State
CORPORATIONS DIVISION
(Revised January 2014)
P.O. Box 29622
1
Zip Code: County:
RALEIGH, NC 27626-0622
(Form L-01)
b. fo The limited liability company does not have a principal office.
7. Other provisions which the limited liability company elects to include are attached.
8. (Optional): Please provide a business e-mail address: Privacy Redaction
The Secretary of State's Office will e-mail the business automatically at the address
provided above at no cost when a document is filed. The e-mail provided will not be
viewable on the website. For more information on why this service is offered, please see
the instructions for this document.
9. These articles will be effective upon filing, unless a future date is specified:
This J� day of 2020
Gregory B. Garrett, Organizer and Member
NOTES:
1. Filing fee is $125. This document must be filed with the Secretary of State.
CORPORATIONS DIVISION P.O. Box 29622 RALEIGH, NC 27626-0622
(Revised January 2014) 2 (Form L-01)
7. Other provisions of Articles of Organization of Braxton Real Estate and Development
Company, LLC:
The Company shall have the purpose of engaging in any lawful business.
To the fullest extent permitted by applicable law, as it now exists or may hereafter
be amended, the limited liability company shall indemnify all members and managers of
the limited liability company against all liability and litigation expense, including, but
not limited to, reasonable attorney's fees, arising out of their status as such or their
activities in the foregoing capacity, regardless of whether or not they are members or
managers of the limited liability company at the time such indemnification is sought or
obtained. Without limiting the generality of the foregoing indemnity, such persons may
also recover the limited liability company all reasonable costs, expenses and attorney's
fees in connection with the enforcement of rights to indemnification granted herein. The
provisions of this paragraph are in addition to and not in limitation of the power of the
limited liability company with respect to, and the rights of any manager or member of
the limited liability company to receive the benefits of, any other or further
indemnification, insurance, elimination of liability or the right or benefit which is either
required by the North Carolina Limited Liability Company Act or permitted thereby and
duly adopted by the limited liability company in accordance therewith.
To the fullest extent permitted by applicable law, as it now exists or may hereafter
be amended, no member or manger of the limited liability shall have any personal
liability arising out of any action, whether by or in the right of the limited liability
company or otherwise, for monetary damages for breach of his or her duty as a manager
or member. This paragraph shall not impair any right to receive indemnity or insurance
from the limited liability company or any third party which any member or manger may
now or hereafter have. Any repeal or modification of the paragraph shall not impair or
otherwise adversely affect any limitation on, or elimination of , the personal liability of a
member or manager effected hereby with respect to acts or omissions occurring prior to
such repeal or modification.
CORPORATIONS DIVISION P.O. Box 29622 RALEIGH, NC 27626-0622
(Revised January 2014) 3 (Form L-01)