LLC Operating Agreement Template (Multi Member)
LLC Operating Agreement Template (Multi Member)
Couldn't load pickup availability
In order to help prevent courts from disregarding your LLC and "piercing the veil," some formalities need to be maintained. Implementing and following an up to date Operating Agreement is one of a few formalities courts expect for LLC owners to uphold.
This Multi Member Limited Liability Company Operating Agreement template can be used among the members of a limited liability company (LLC or company) to govern the operation of the LLC, including the members' contractual rights, obligations, and restrictions relating to their membership interests in the company.
This particular template is based on the laws of Delaware.
This template was last updated: May 2021.
Be sure to complete all applicable sections, remove all commentary, and consult a local attorney before executing!
Have questions about this document? Schedule a consultation by visiting www.NewMillenniaLegal.as.me.
Collapsible content
Important!
Always seek the advice of your local attorney before executing any templates. This website, all use of our templates, all downloads, and all purchases are subject to our Template Use Policy, Terms and Conditions, and Privacy Policy.
