if a legal commerical note is signed by a party, acting as a member of an LLC, however on the document the date is incorrect and has the date as before the LLC was established, does it make the agreement binding?
1 Answer from Attorneys
The document is binding, but if the date is before the LLC was formed, then the person could not have acted on behalf of the LLC as it did not exist. The LLC can ratify what the person has done.. If there was an error in the date, then simply have the member of the LLC put in the correct date and have both parties initial it to reflect the correct date after the LLC was formed.