Limited Liability Company (LLC) - Lux Group - Business Incorporation Registration

[SrICEKING]

Type of Legal Entity Being Formed: Limited Liability Company (LLC)

Proposed Registered Name of Entity: Lux Group

In-Game Company Name: Lux

In-Game Name(s) of Incorporator(s)/Formator(s): SrICEKING

For Corporations and SPEs: Please attach your signed Certificate of Incorporation and, if applicable, your Bylaws.
For LLCs: Please attach your signed Certificate of Formation and LLC Operating Agreement. File(s) attached

Contact Information: Join the Lux Group Discord Server!

Agreement:

• The submitted documents are complete, final, and have been prepared in accordance with all relevant provisions of the Legal Entity Act (A.P.020).
• I understand that the MoTF will review this filing for compliance and that the entity's legal existence begins only upon the official signature of the formation instrument by the MoTF in a newly created Company Docket.
• I have read and understood the duties, liabilities, and responsibilities associated with the type of entity I am forming.

 

[ConsequencesInc]

Hello,

At this time, I must inform you that we must DENY the business registration for Lux Group, LLC. This is due to several egregious issues with the filling that cannot be rectified by simple revision, including, but not limited to:

-The Certificate of Formation has placeholders such as [Date], [Address], [Amount/Description], [City, State] and [State] that have not been filled out.
-The Certificate of Formation is not properly dated or signed. There is also a second certifcate submitted that is blank.
-There is no differentiation from the Certificate of Formation and Operating Agreement and both appear to be combined haphazardly. There must be clear delineation between where the Certificate of Formation ends and where the Operating Agreement begins, either as separate documents or included. The Operating agreement must be incorporated or referenced clearly and it is not.
-The type of LLC that it is [Member-based or Interest-based] is not clear, although it appears to be interest-based it must be clearly stated.
-The document appears to attempt to waive Fiduciary duty by indemnifying the owner and company officers. This includes the company forwarding legal fees to the owner for court costs for possibly violating Fiduciary duty, and the original managing owner always maintaining 100% voting control even if they no longer own a majority of the company or 100% of the company.
-The mention of "Disregarded Entity" for tax purposes, which does not exist in Alexandrian law.
-The Certificate of Formation appears to have been partially or fully generated using AI of some sort, including "KEY PROVISIONS SUMMARY FOR SrICEKING" and "Next Steps" that seem to be from an AI-system suggesting real world filing of an LLC and business.


I would recommend that you consult and review the Legal Entity Act for the rules and provisions for properly registering a legal entity, and that if generative AI is utilized that you thoroughly check its work. If you have any other questions feel free to reach out to the MoTF for more information.