An operating agreement is a valid document which modifies the terms and conditions of an LLC (Limited Liability Company), as per certain needs of the proprietors In addition to that, it also summarizes the economic and functional decisionmaking in a structured mannerLLC Operating Agreement State of Alabama This LLC Operating Agreement (hereinafter "Agreement"), made by and between the members signed below ("Members"), is executed as of _____ for good and valuable consideration Article 1 FORMATION & LLCAn LLC operating agreement is a legal document that delegates individual rights and responsibilities, establishes business protocol, and organizes how an LLC will operate This document is often drafted after the LLC is formed, and must be signed by all founding members LLC Operating Agreements by State
30 Professional Llc Operating Agreement Templates ᐅ Templatelab
