Required in Louisiana?
No — Louisiana state law does not require LLCs to implement an operating agreement in order to conduct business.
By Type (2)
Single-Member LLC Operating Agreement – To be executed by a sole proprietor for the purpose of outlining company policies and procedures.
Download: PDF, MS Word (.docx), OpenDocument
Multi-Member LLC Operating Agreement – To be used by companies who shall include more than one (1) member to operate and manage the entity.
Download: PDF, MS Word (.docx), OpenDocument
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.[1]