LLC Operating Agreement

What type of LLC is this?

General LLC (most common) - No license required.Professional LLC - For professions requiring a license (e.g., lawyer, doctor, etc.).

A general LLC is when the services offered do not require a professional license.

What is the company name?

This is the official name of the LLC as registered with the State.

Do you want to enter the principal office address?

YesNo, I'll add later.

What is the principal office address?

Street Address

Address Line 2

City

State

ZIP Code

The Member(s)

How many members are in the company?

"Members" are the LLC owners.

1st Member's Name

Member's Name

Member's Ownership:

%

Enter a percentage.

Member's Address:

Street Address

Address Line 2

City

State

ZIP Code

2nd Member's Name

2nd Member's Ownership:

%

Enter a percentage.

2nd Member's Address:

Street Address

Address Line 2

City

State

ZIP Code

3rd Member's Name

3rd Member's Ownership:

%

Enter a percentage.

3rd Member's Address:

Street Address

Address Line 2

City

State

ZIP Code

4th Member's Name

4th Member's Ownership:

%

Enter a percentage.

4th Member's Address:

Street Address

Address Line 2

City

State

ZIP Code

5th Member's Name

5th Member's Ownership

%

Enter a percentage.

5th Member's Address:

Street Address

Address Line 2

City

State

ZIP Code

6th Member's Name

6th Member's Ownership:

%

Enter a percentage.

6th Member's Address:

Street Address

Address Line 2

City

State

ZIP Code

7th Member's Name

7th Member's Ownership:

%

Enter a percentage.

7th Member's Address:

Street Address

Address Line 2

City

State

ZIP Code

8th Member's Name

8th Member's Ownership:

%

Enter a percentage.

8th Member's Address:

Street Address

Address Line 2

City

State

ZIP Code

9th Member's Name

9th Member's Ownership:

%

Enter a percentage.

9th Member's Address:

Street Address

Address Line 2

City

State

ZIP Code

10th Member's Name

10th Member's Ownership:

%

Enter a percentage.

10th Member's Address:

Street Address

Address Line 2

City

State

ZIP Code

11th Member's Name

11th Member's Ownership:

%

Enter a percentage.

11th Member's Address:

Street Address

Address Line 2

City

State

ZIP Code

12th Member's Name

12th Member's Ownership

%

Enter a percentage.

12th Member's Address:

Street Address

Address Line 2

City

State

ZIP Code

13th Member's Name

13th Member's Ownership

%

Enter a percentage.

13th Member's Address

Street Address

Address Line 2

City

State

ZIP Code

14th Member's Name

14th Member's Ownership

%

Enter a percentage.

14th Member's Address

Street Address

Address Line 2

City

State

ZIP Code

15th Member's Name

15th Member's Ownership

%

Enter a percentage.

15th Member's Address

Street Address

Address Line 2

City

State

ZIP Code

16th Member's Name

16th Member's Ownership

%

Enter a percentage.

16th Member's Address

Street Address

Address Line 2

City

State

ZIP Code

17th Member's Name

17th Member's Ownership

%

Enter a percentage.

17th Member's Address

Street Address

Address Line 2

City

State

ZIP Code

18th Member's Name

18th Member's Ownership

%

Enter a percentage.

18th Member's Address

Street Address

Address Line 2

City

State

ZIP Code

19th Member's Name

19th Member's Ownership

%

Enter a percentage.

19th Member's Address

Street Address

Address Line 2

City

State

ZIP Code

20th Member's Name

20th Member's Ownership

%

Enter a percentage.

20th Member's Address

Street Address

Address Line 2

City

State

ZIP Code

21st Member's Name

21st Member's Ownership

%

Enter a percentage.

21st Member's Address

Street Address

Address Line 2

City

State

ZIP Code

22nd Member's Name

22nd Member's Ownership

%

Enter a percentage.

22nd Member's Address

Street Address

Address Line 2

City

State

ZIP Code

23rd Member's Name

23rd Member's Ownership

%

Enter a percentage.

23rd Member's Address

Street Address

Address Line 2

City

State

ZIP Code

24th Member's Name

24th Member's Ownership

%

Enter a percentage.

24th Member's Address

Street Address

Address Line 2

City

State

ZIP Code

25th Member's Name

25th Member's Ownership

%

Enter a percentage.

25th Member's Address

Street Address

Address Line 2

City

State

ZIP Code

26th Member's Name

26th Member's Ownership

%

Enter a percentage.

26th Member's Address

Street Address

Address Line 2

City

State

ZIP Code

27th Member's Name

27th Member's Ownership

%

Enter a percentage.

27th Member's Address

Street Address

Address Line 2

City

State

ZIP Code

28th Member's Name

28th Member's Ownership

%

Enter a percentage.

28th Member's Address

Street Address

Address Line 2

City

State

ZIP Code

29th Member's Name

29th Member's Ownership

%

Enter a percentage.

29th Member's Address

Street Address

Address Line 2

City

State

ZIP Code

30th Member's Name

30th Member's Ownership

%

Enter a percentage.

30th Member's Address

Street Address

Address Line 2

City

State

ZIP Code

Do you know when the company was formed?

YesNo, I'll add later.

This is commonly located on the Articles of Organization as the "filing date."

When was the company formed?

Where was the company formed?

What is the company's tax classification?

Do you want to describe the LLC's business purpose?

Yes, it is a specific business purpose.No, this is for any lawful business activity.

Describe the company's business purpose:

Ex. "A neighborhood convenience store."

How long will the company operate?

in Perpetuity (no end date)Fixed Period (with an end date)

What is the end date?

When is the fiscal year-end?

Month of

For tax purposes. It is commonly the last day of the month of December.

Who will make the day-to-day decisions of the company?

the Membera Manager

The MembersA Manager

This is for making everyday decisions and running the company.

What is the manager's name?

What is the manager's address?

Street Address

Address Line 2

City

State

ZIP Code

Will the manager be compensated?

YesNo

Enter the manager's compensation:

What is the manager's name?

What is the manager's address?

Street Address

Address Line 2

City

State

ZIP Code

Will the manager be compensated?

YesNo

Enter the manager's compensation:

How will company profits be distributed?

Will there be capital contributions made?

YesNo

A capital contribution for a single-member LLC is the initial or additional money or assets that the sole owner invests into the business to provide it with working capital.

It is NOT a loan.

Enter the capital contributions made by the member:

Ex. "The member will make a capital contribution of $20,000."

YesNo

A capital contribution in an LLC refers to the amount of money, property, or services a member provides to the LLC in exchange for their ownership interest in the company.

Enter the capital contributions made by specific members:

Ex. "Jon Smith will make a capital contribution of $20,000."

When will company meetings be held?

Only as required.On a recurring basis.

Company meetings are required to be held at least once per year per State law.

Which members can make decisions on behalf of the company?

All the MembersSpecific MembersOther

Which members can bind the company?

Enter who can make decisions on behalf of the company:

Such decisions can legally and financially bind the company.

Votes of the company are counted as:

Proportion to Ownership (%)Equal VoteOther

IMPORTANT! This is how votes will be counted for any decision made by the company.

Each member's vote are counted by: