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This text emphasizes that the information provided is for educational purposes only and does not serve as legal, tax, or financial advice. It highlights the importance of consulting with a licensed attorney and/or CPA for specific business needs. The text mentions that an Operating Agreement is an internal document between LLC members that outlines the management of the LLC both financially and operationally. Unlike LLC formation documents, the Operating Agreement does not need to be submitted to the state but should be kept with business records. The purpose of the Operating Agreement is to detail member ownership percentages and how the LLC is managed.