
LLC-operating-agreement-template
A Limited Liability Company (LLC) Operating Agreement, also known as an LLC Company Agreement, is a legal document that establishes the rights and responsibilities of each LLC member and provides details such as:
- How decisions are made
- When meetings are held
- How new members are admitted
To be an LLC member, an individual or corporation provides capital contributions in exchange for a percentage of ownership interest in the company. Use LawDepot’s LLC Operating Agreement template to describe each member’s contributions to your company and their role in internal management.