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You considering forming an LLC and curious about whether you need an operating agreement? Well, youve come to the right place. In todays video, Im going to answer that burning question, is an LLC required to have an operating agreement? So buckle up and lets jump right in. First, lets quickly go over what an LLC is. A limited liability company or LLC is a fantastic business structure that provides personal liability protection to its owners who are also known as members while offering some potential tax flexibility. Now, on to the operating agreements. An LLC operating agreement is a document that outlines the rules and structure of an LLC. It is very useful for managing relationships among members and tackling t issues that may pop up during the life of the company. Keep in mind that the operating agreement is distinctly different from the articles of organization or certificate of formation, which is that document that you filed with the state to create the LLC itself. So the bi
