# Legal Setup for a Project

Legal setup of a project allows you to provide information on:

* Legal Details

## Editing Legal Details

To update legal details for a project, perform the following steps:

1.Click on the required project and click **Legal** from the **Operations** tab.

{% hint style="info" %}
You can also navigate to Legal from the Vertical Sidebar navigation menu. Click **Operations** and then select **Legal**.
{% endhint %}

<figure><img src="https://3411187760-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-M2DCN9UgoRgMEkgnLyP-887967055%2Fuploads%2Fgit-blob-6e730309becb64a751d24271eed55caab4c060fa%2FLegal.png?alt=media" alt=""><figcaption><p>Legal</p></figcaption></figure>

2.The Legal Edit page appears. Click **Edit** to update the legal details.

![Edit  Legal](https://3411187760-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-M2DCN9UgoRgMEkgnLyP-887967055%2Fuploads%2Fgit-blob-afd5c13d1bfa380eb2d575a911a04b83bb4e7387%2FLegal_Eidt.png?alt=media\&token=ab386f13-7d4f-4e1a-821f-c1bf87a6ddcb)

3.The Edit Legal Details page appears. Update the following details and click **Update**:

{% hint style="warning" %}
Based on the type of **Entity Type** selected, the fields will vary accordingly.
{% endhint %}

| **Field**                       | **Action**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| ------------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Common Name                     | You cannot edit this field. The common name is the name of the project and this field is setup in the Basic setup of a project. You can edit this field in the basic setup.                                                                                                                                                                                                                                                                                                                                                            |
| Formal Name                     | <p>Enter the formal or the legal name of the project.</p><p>For Example:</p><ul><li><strong>Incorporate Project</strong>: ABC Project Inc</li><li><strong>Series LLC</strong>: ABC Series of LF Projects, LLC</li><li><strong>Directed Fund</strong>: ABC Project Fund</li><li><strong>Unincorporated Project</strong>: Use the common name</li></ul>                                                                                                                                                                                  |
| Legal Parent                    | <p>This field provides info on the legal entity of the project.</p><ul><li>You should not enter any values in this field. This information will be gathered from Joint Development Foundation Projects, LLC" or "LF Projects, LLC".</li><li>This field is appliable to Series LLC projects.</li></ul>                                                                                                                                                                                                                                  |
| Parent Object                   | Enter the parent project under which this project is created.                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| Formation Date                  | Enter the formation date or the agreement date when the project was created.                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| Dissolution Date                | Enter the dissolution date when the project will be terminated.                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Entity Type                     | <p>Select the required entity type.</p><ul><li><strong>Series LLC</strong> - Projects that are created under LF Projects, LLC or Joint Development project.</li><li><strong>Incorporated Entity</strong> - Projects that created as separate incorporation where LF provides services under a MSA (Management Services Agreement) to the project entity.</li><li><strong>Subproject</strong> - Projects that are created under Unincorporated projects under the Linux project entity, some of which will be Directed Funds.</li></ul> |
| Incorporation Document          | You can update the incorporation document details here.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| Incorporation Document URL      | Enter the incorporation document URL.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| Policies URL                    | Enter the policies URL.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| Governance Document             | You can update the governance document details here.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| Governance Document URL         | Enter the governance document URL.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| Manage Services Agreement       | Enter the manage services agreement details.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| Manage Services Agreement URL   | Enter the manage services agreement URL.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| Manage Services Effectivity     | Enter the manage services effectivity.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| Manage Services Expiration Date | Enter the manage services expiration date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |

![Edit Legal](https://3411187760-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-M2DCN9UgoRgMEkgnLyP-887967055%2Fuploads%2Fgit-blob-ae4a3ecf2a3fbf98a9fd227c8312f1386010bdcb%2FEdit_Legal.gif?alt=media\&token=c1c409a2-e8db-4bba-8cc8-565c6b37c56d)