Get a Contract from Hawthorn Law and stop worrying about whether your business is Legally Legit and start building a business that will make a difference in the world.
An LLC operating agreement is a contract between you as the owner of your LImited Liability Company and the business itself. If you do not have an operating agreement in place, your LLC will be governed by your state LLC statute. With an operating agreement for your LLC, you will have more control over how your LLC is managed, and what you can and can't do as the owner of your LLC.
Some of the issues that your operating agreement will handle include:
While an LLC Operating Agreement is not legally required, and you certainly do not need to file your Operating Agreement with the State, it is a vitally important legal document that will prevent a piercing of the corporate veil, and may also be required on a moment's notice for a variety of financial transactions.
Note: this operating agreement can be amended for multi-member LLCs, but is intended for single-member LLCs
Get your business started off the right way with our easy to use DIY Contract Templates