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This text emphasizes that the information provided is for educational purposes only and should not be considered legal, tax, or financial advice. It mentions the importance of consulting with licensed professionals for specific needs. The text explains that an Operating Agreement is a document that outlines how an LLC will be managed both financially and operationally, and it is not required to be submitted to the state. The purpose of an Operating Agreement is to specify the members of the LLC, their ownership percentage, and the management structure.
