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Alabama Multi-Member LLC Operating Agreement Form

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Alabama Multi-Member LLC Operating Agreement Form

Updated April 14, 2022

An Alabama multi-member LLC operating agreement is for an entity with more than one owner (referred to as a “Member”) to detail the percentage of ownership and create a mutual understanding of how the business will be run. Although the State of Alabama allows the use of implied or oral arrangements a written contract is always best especially if there are investments (“capital contributions”) made by some of the members.

This form is not filed with the state, but a signed and notarized copy should be kept in possession by every active member, officer, manager, and registered agent.