LLC OPERATING AGREEMENT
Generated: 2026-02-13
IMPORTANT NOTICE
This template is for drafting support and is not legal advice. Confirm state-specific LLC statutes, tax elections, and filing obligations with licensed counsel.
1. FORMATION AND PURPOSE
This Operating Agreement is effective 2026-02-13 for [LLC name], formed in [state], with principal office at [address]. Business purpose: [purpose].
2. MEMBERS, OWNERSHIP, AND CAPITAL
Member 1: [name]; Ownership 0% ; Contribution 0.
Member 2: N/A; Ownership 0% ; Contribution 0.
Member 3: N/A; Ownership 0% ; Contribution 0.
3. MANAGEMENT AND AUTHORITY
Management structure: Member-Managed. Manager (if applicable): N/A. Voting threshold: Majority of ownership interests.
4. ALLOCATIONS, DISTRIBUTIONS, AND PAYMENTS
Profits and losses are allocated pro rata to ownership percentages unless otherwise agreed in writing.
No guaranteed payments unless approved in writing by required member vote.
5. TRANSFER RESTRICTIONS
No member may transfer membership interests without prior written approval under this agreement.
6. RECORDS AND ACCOUNTING
Company books and records are maintained at principal office and available for member inspection upon reasonable notice.
7. INDEMNIFICATION
The LLC may indemnify members/managers for actions taken in good faith within authority, subject to law and this agreement.
8. DISSOLUTION
LLC dissolves upon events defined by state law or required member vote; assets are liquidated and distributed per priority rules.
9. GOVERNING LAW
Governing law: [state]; Venue: [county].
10. ENTIRE AGREEMENT AND AMENDMENTS
This document constitutes the complete agreement among members and may be amended only by required member vote and written execution.
11. ADDITIONAL TERMS
No additional terms.
12. KEY TERMS SUMMARY (TABLE)
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LLC Name |-
State of Formation |-
Management |Member-Managed
Tax Classification |Partnership
Member 1 / % |- / -%
Member 2 / % |- / -%
Member 3 / % |- / -%
Governing Law |- / -
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13. SIGNATURES
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MEMBER 1 SIGN: __________________ |MEMBER 2 SIGN: __________________
MEMBER 3 SIGN: __________________ |DATE: 2026-02-13
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