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Louisiana LLC Operating Agreements (2)

A Louisiana LLC operating agreement is a document that establishes the ownership of a company and how it will be run. It allows the members to agree on officers, management, capital contributions, and any other business matters. Once signed, the agreement is held by each member and is not filed with the Secretary of State.
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By Type (2)


Single-Member LLC Operating Agreement – To be executed by a sole proprietor for the purpose of outlining company policies and procedures.

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Multi-Member LLC Operating Agreement – To be used by companies who shall include more than one (1) member to operate and manage the entity.

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State Definition

“Operating agreement” means any agreement, written or oral, of the members as to, or in the case of a limited liability company having a single member, any written agreement between the member and the company memorializing the affairs of a limited liability company and the conduct of its business.

Sample

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