Question:

Steps to Establishing Company ownership percentages?

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In open bidding on a contract, my company is listed with the state with my name and my male partner...but the majority interest in the company mine. However, we have no way to proove that the compnay is over 50% female owned - which would prohibit us from bidding on the job. How/where are owneship established for an LLC? Is it in an internal agreement separate from what's on file with the state? How would the company accepting bids verify the actual percentages of ownership?

Thanks in advance.

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  1. WOW!

    1) you need to file a declaration of ownership of this LLC: your major shares of it.

    2) have it notarized along with you better partner, in agreement.

    Then proceed with the biddings.

    G'Luck!

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