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Nebraska LLC Operating Agreements (2)

A Nebraska LLC operating agreement is a legal document created by the members of a company to establish its day-to-day activities and ownership. All terms of how the company will function should be included in the agreement, and all members must unanimously agree and sign it for it to be in effect. It is not filed with any government office.
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By Type (2)


Single-Member LLC Operating Agreement – For businesses with one (1) member/owner. The document would provide guidance for the owner in the establishment of all aspects of their business.

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Multi-Member LLC Operating Agreement – For multi-member businesses, whereas all members would assist in the management of the company. The document will assist in organizing company policies and procedures that all member(s) must adhere to once the document is completed and filed.

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State Definition

“Operating agreement” means the agreement, whether or not referred to as an operating agreement and whether oral, in a record, implied, or in any combination thereof, of all the members of a limited liability company, including a sole member. The term includes the agreement as amended or restated.[1]

Sample

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Sources

  1. § 21-102(14)