A Louisiana LLC operating agreement is a legal document that structures a Limited Liability Company’s internal operations in Louisiana. It establishes the roles, responsibilities, and rights of members within the organization. It also prescribes protocols for financial and functional decision-making.
Does Louisiana Require an Operating Agreement?
No, but it is strongly recommended. The agreement formalizes essential details about the business, provides some legal protections, and helps prevent misunderstandings among members.
By Type (2)
Multi-Member LLC Operating Agreement
– Establishes the ownership structure and operating rules for all members of an LLC.
Download: Adobe PDF, MS Word (.docx)
Single-Member LLC Operating Agreement – Details via executed contract the operating procedures and financial structure of a multi-owner LLC.
Download: Adobe PDF, MS Word (.docx)