Required in Pennsylvania?
No — Pennsylvania does not legally mandate the adoption of an operating agreement for LLCs.
By Type (2)
Single-Member LLC Operating Agreement – For use by a sole owner of a company who would like to establish their procedures, policies, daily activities, and to create a clear separation between the owner and their business.
Download: PDF, MS Word (.docx), OpenDocument
Multi-Member LLC Operating Agreement – For use by entities that have more than one (1) managing member (contributing member), so that they may establish the various important aspects of their business. As well, all members shall take part in creating an overall separation between the members and their organization.
Download: PDF, MS Word (.docx), OpenDocument
State Definition
“Operating agreement” — The agreement, whether or not referred to as an operating agreement and whether oral, implied, in record form or in any combination thereof, of all the members of a limited liability company, including a sole member, concerning matters described in section 8815(a) (relating to contents of operating agreement). The term includes the agreement as amended or restated.