Final answer:
The correct answer is option 3. LLCs must file the Articles of Organization with the state to be legally recognized and to formalize their business structure. This document includes key information about the LLC and establishes its legal presence.
Step-by-step explanation:
To organize a Limited Liability Company (LLC), it is necessary to file certain documents with the state. The correct document that an LLC must file is called the Articles of Organization. This legal document is essential for establishing the company's existence under state law. The Articles of Organization typically include the LLC's name, address, the names of its members, and the nature of its business. This process formalizes the company's structure, protects the members' personal assets from business liabilities, and is a prerequisite for conducting business legally in the state.
LLCs offer several advantages over other business structures like sole proprietorships and partnerships, especially in terms of limiting personal liability and providing operational flexibility. However, they do require formal paperwork and sometimes fees to be recognized legally.