Being the “Principal” of my LLC

[Garison Clemens]

Good morning everybody. 

I am in the process of writing my operating agreement for my LLC in Florida and am naming myself the "Principal" rather than CEO or President.

If we will Be eventually raising money via private placement in the future, will I need to take the series 24? Or just giving myself the title principal doesn’t make a difference from CEO/President. 

Thanks. 

Garison 

[Thomas Castelli]

I'm not a lawyer, but from my understanding you don't need a securities license to raise capital for your OWN deals (i.e. deals where you are the principal or a general partner).

Also, the name of your title doesn't make much of a difference for anything other than marketing. For instance the title "Principal" usually just lets other people know you can make decisions on behalf of the company, which CEO/President also conveys. 

Hope that helps.