|
File Type: Word Price: $19.99
Add To Cart:
Summary:
| Like corporate bylaws, an LLC operating
agreement establishes the workings of your LLC. An LLC operating agreement
allows you to formalize your financial and working relationships between all
members of the LLC. In your LLC operating agreement, all members of the LLC
owner's percentage of ownership in the LLC, his or her share of profits (or
losses), his or her rights and responsibilities, and what will happen to the
business if one of you leaves are all formalized and documented.
While many states do not legally require your LLC to have an operating
agreement, it's unprofessional to run an LLC without one (even if you're the
sole owner of your company). The LLC operating agreement, even when the LLC is
one person, offers some legal protections not provided to the sole proprietor.
If you operate as an LLC without a written agreement the courts are most likely
to see you as a sole proprietor and treat you accordingly; not affording you
some of the protections offered had you formalized an LLC operating agreement in
writing.
Add To Cart
|
|
Preview The Document (You must have Adobe Reader installed to view,
get it free now )
(note: hold down "ctrl"
key if you have a pop-up blocker installed)
Return On Investment:
Save 15 to 20 hours compared to preparing this LLC
operating agreement yourself or 5 to 8 hours of an attorney's time.
Related Products and Documents:
General Partnership Agreement (see more details>>)
Joint Venture Agreement (see more details>>)
Joint Venture Agreement - Specific Project (see more details>>)
Limited Partnership Agreement (see more details>>)
S-Corporation Shareholder Agreement (see more details>>)
Home | Contact Us |
Search Site | FAQ |
Become An Affiliate |
All Documents List | Exchange Links |
RSS Feeds
Testimonials | About Us
| News Room |
Email Site To Friend | Site Map |
Affiliate Login |
Join
Newsletter
Limited
Liability Company Operating Agreement In The News
|
