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creating an llc in maryland is pretty straightforward but when you finally get around to fleshing out your operating agreement there are important decisions to make that set the tone of exactly how you will do business and get paid operating agreements are the lifeblood of your business and they may be the most important document that you will create throughout the life of your company with that lets go over a few important things to know before creating your agreement in this video well cover a quick overview of llcs and operating agreements laws specific to the state of maryland what to include in your operating agreement and where to find an official template first what is an llc in the united states you can classify your business in a number of ways depending on its characteristics an llc or limited liability company is a form of business with special regulations which include shielding members from certain liabilities which is impossible if the business is a partnership or a s