An Arkansas Multi-Member LLC Operating Agreement binds a lawful understanding to summarize precisely how a limited liability with two or more members intends to conduct operations. When more than one individual is associated with an LLC, it can be pivotal to record a plan moving forward to ensure each member is on the same page. The contract covers various topics concerning each member, such as individual ownership percentages, contributions, rights, and duties. Additional measures can be determined in provisions designating procedures for dissolution and buyouts should unforeseen events occur. Notarization of the document is suggested to verify the authenticity of all endorsements.