Updated June 01, 2022
A New Hampshire multi-member LLC operating agreement is a legal document used by companies with more than one (1) member. The document guides users through the process of outlining their company operational procedures and company policies.
By implementing an operating agreement, members secure protection of their personal assets creating a separation from the liabilities and debts of the business. All members must agree unanimously on all aspects of the document. The members should review the document carefully. If the document requires amendment or compromise, members may wish to collectively consult with a business attorney to clarify and assist with any changes.
Once all pages of the document are complete, members must provide final signatures before a notary public to bring the agreement into effect.