Jul 25, 2025 · An operating agreement is the governing contract adopted by members of a Limited Liability Company (LLC). It may be used to regulate nearly all aspects of the LLC’s affairs, including …

Except as otherwise provided in this Agreement or otherwise required by law, distributions of cash receipts of the Company, other than from capital transactions, shall be allocated among the …

Nov 5, 2025 · A multi-member LLC operating agreement is a binding agreement between the members of a company that includes terms related to ownership, management, and operations.

Nov 7, 2024 · Does a single-member LLC need an operating agreement? Even though an operating agreement is highly recommended, it is only required in the states of California, Delaware, Maine, …

Sep 12, 2025 · An amendment to an LLC operating agreement changes the original terms and must be agreed to by a prerequisite portion of the member (s). The most common change to an operating …

Sep 24, 2025 · An Arizona LLC operating agreement is a legal document that establishes the rules and ownership of a company. Whether for a single or multi-member entity, an operating agreement is the …

Sep 24, 2025 · A North Carolina LLC operating agreement outlines the terms under which a company must be governed, such as operational procedures, appointment of officers, and ownership interest.

Sep 24, 2025 · An Ohio LLC operating agreement is a legal document between the owners (members) of a company that sets the rules on how it will operate and establishes members' ownership interests.

Sep 24, 2025 · A Florida LLC operating agreement is a legal document that allows the members of a company to record the ownership of the company and its rules of operation. In addition, members …

Sep 24, 2025 · A Pennsylvania LLC operating agreement is a legal document that sets up policies, procedures, ownership, and operational duties for a company. The agreement should include the …