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in this video I want to talk a little bit about New York States requirement to adopt and operating the agreement for your limited liability company so Ive the series of videos Ive been talking a lot about forming a limited liability company in the state of New York what the requirements are what the fees are what some of the minor issues or things you want to look out for our and this video I want to talk about the requirement for you to adopt an operating agreement so an operating its pretty simple its a document um that allows you to protect your limited liability status and it allows you to structure financial and working relationships with the co-owners of the LLC as well as some other things so Im gonna go over some of those things number one thing it does is it really um its a requirement thats number one right here lets get that straight the New York state law requires that you have a written operating agreement the second thing an operating agreement does is a protect