A Montana LLC operating agreement drafts a legal framework concerning the internal operations of a limited liability company. It details the LLC’s management structure, member roles, profit sharing, and other operational guidelines.
Does Montana Require an Operating Agreement?
No, but it is highly recommended. Although not legally mandated in Montana, the form brings clarity and structure to the business operation.
By Type (2)
Multi-Member LLC Operating Agreement
– A legal agreement instated to determine the ownership structure, roles, responsibilities, and profit shares for all associated members of a limited liability company.
Download: Adobe PDF, MS Word (.docx)
Single-Member LLC Operating Agreement – Documentation that provides specific financial and operational policies of an individually-owned LLC.
Download: Adobe PDF, MS Word (.docx)