Step 10 of 12 | Menu

Operating Agreement | Citizen Media Law Project

www.dmlp.org

E5c04114c2f7ee2a

An operating agreement is the basic written agreement between the members (i.e., owners) of the LLC, or between the members and the managers of the company, if there are managers. In most states, creating an operating agreement is not a legal requirement, but it is highly advisable for the smooth operation of your business and for avoiding internal disputes. This is a basic layout of what you'll need for the operating agreement.

Visit Dmlp

0 comments

Log in or Sign up to comment