Required in Rhode Island?
No. The State of Rhode Island does not legally require businesses to adopt an operating agreement.
By Type (2)
Single-Member LLC Operating Agreement – For use by a sole proprietor to establish the policies and procedures of their company in preparation for filing with the State.
Download: PDF, MS Word, OpenDocument
Multi-Member LLC Operating Agreement – For use by companies with more than one (1) managing member. The document shall guide the users through the process of establishing written information pertaining to the company and members, so that the information may be properly filed with the State.
Download: PDF, MS Word, OpenDocument
State Definition
“Operating agreement” means any agreement, written or oral, of the members as to the affairs of a limited-liability company and the conduct of its business. An operating agreement also includes a document adopted by the sole member of a limited-liability company that has only one member and may include as a party one or more managers who are not members.