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The provided information is for educational purposes only and does not constitute legal, tax, or financial advice; individuals should consult a licensed attorney or CPA for tailored guidance. The Operating Agreement outlines the management structure of an LLC and is an internal document, not submitted to the state. It details the members, their ownership percentages (membership interest), and outlines management and tax procedures for the LLC. The content is copyright protected, and redistribution, copying, modification, or adaptation requires prior written consent from the author.