A Connecticut Multi-Member LLC Operating Agreement employs a formatted contract to set forth instructions on how an LLC manged by multiple individuals will handle designated company matters. The document can provide reasonable expectations regarding company information, as well as the ownership standings, allocated voting rights, and responsibilities of interest-holding members. This arrangement is not required in order to file an LLC with the state of Connecticut, however, it can be beneficial to put in place to provide operations transparency for both members and potential investors or banking institutions.