A North Dakota LLC operating agreement sustains to instate operational expectations regarding the practices of a limited liability company. The contract outlines management protocols, member roles, and methods for profit sharing.
Does North Dakota Require an Operating Agreement?
No, but it is recommended. Though North Dakota law doesn’t require it, this agreement facilitates business procedures and boosts liability protection.
By Type (2)
Multi-Member LLC Operating Agreement
– Instructs on the functional structure and roles of a limited liability company with more than one member.
Download: Adobe PDF, MS Word (.docx)
Single-Member LLC Operating Agreement – Creates a document to govern the operational rules for an LLC owned by only one individual.
Download: Adobe PDF, MS Word (.docx)