Nevada Multi-Member LLC Operating Agreement Form

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Updated April 26, 2022

A Nevada multi-member LLC operating agreement is a legal document that establishes an agreement between the contributing/managing members of a business. The agreement sets forth the relationships among members and establishes the various procedures and policies of the business.

By completing the form and filing it with the state, members establish protection of their personal assets and financial accounts in the event of bankruptcy, litigation, or any kind of business failure. Operating agreements also provide tax benefits that would not be available without the implementation of the document.