The Operating Agreement (LLC) is a legally binding document designed to protect all involved parties and clearly outline rights, responsibilities, and expectations. It governs the internal operations of a Limited Liability Company (LLC) according to the specific rules agreed upon by its members.

What is an Operating Agreement?

An Operating Agreement is a foundational document for LLCs that defines how the business will be managed, how profits and losses will be distributed, how decisions will be made, and what happens if a member leaves the company. While not always required by law, it is highly recommended for legal protection and clarity among members.

Key Elements of an LLC Operating Agreement

• Member Information: Names, roles, and ownership percentages of each member
• Management Structure: Whether the LLC is member-managed or manager-managed
• Profit & Loss Distribution: How financial results are divided among members
• Voting Rights & Decision-Making: How major decisions are made within the LLC
• Exit & Dissolution Terms: Procedures for members leaving or closing the business

Why Use Our AI Operating Agreement Generator?

• Legally Structured: Built to comply with standard LLC regulations across states
• Fully Customizable: Adapt the agreement to match your LLC’s specific setup
• Time-Saving: Generate a complete Operating Agreement in just minutes
• Secure & Confidential: Your company’s information stays safe and private

Ideal For

• Single-Member and Multi-Member LLCs
• Startups Forming New LLCs
• Family-Owned or Partnership-Based Businesses
• Entrepreneurs Looking to Formalize Roles & Rules

Create Your Operating Agreement

Set your LLC up for success with a clear, enforceable Operating Agreement. Use our AI-powered platform to create a personalized, professional document in minutes.