If you frequently work outside your workplace and complete tasks on the go, then DocHub is the document editing service you need. It’s a cloud solution that works on any internet-connected device, and you can access it just about anywhere. The interface is user-friendly yet powerful, so you’ll need only a couple of moments to Modify word in Operating Agreement Template and make other required updates.
Stop wasting time searching for a perfect document editor; explore DocHub now and complete your forms wherever you are!
The following information is provided for educational purposes only and in no way constitutes legal, tax, or financial advice. For legal, tax, or financial advice specific to your business needs, we encourage you to consult with a licensed attorney and/or CPA in your state. The following information is copyright protected. No part of this lesson may be redistributed, copied, modified or adapted without prior written consent of the author. An Operating Agreement is an agreement between the members of the LLC that sets forth how the LLC will be managed both financially and operationally. Unlike your LLC Formation Documents, the Operating Agreement does not need to be mailed in to the State. It is an internal document, meaning youll just need to keep a copy with your business records. The purpose of an Operating Agreement is to spell out who the members are and what percentage of the LLC they own (also known as their membership interest). It also defines how the LLC is managed, how tax