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This text emphasizes that the information provided is for educational purposes only and does not constitute legal, tax, or financial advice. It encourages consulting a licensed attorney or CPA for specific needs. The content is copyright protected and cannot be redistributed without permission. An Operating Agreement is highlighted as a key internal document for LLCs that outlines management and financial operations. Unlike LLC Formation Documents, it doesn't need to be filed with the state but should be kept with business records. The Operating Agreement details the members, their ownership percentages (membership interests), and the management structure of the LLC.