Multi-Member LLC Operating Agreement Template

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A Multi-Member LLC Operating Agreement defines expectations of how a limited liability company, owned by two (2+) or more members, will operate. Outlined within the document are elements to determine the company’s identity, procedures, and policies upon formation. The paperwork confirms each member’s allocated interest, allocated rights, and assigned duties. The filing effectively holds each member to the included terms and conditions for accountability and reference purposes. Notarization is strongly advised to further certify the commitment with the executed to be archived by the LLC.

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Sample Multi-Member LLC Operating Agreement

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