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Click ‘Get Form’ to open the Sample Operating Agreement in our editor.
Begin by entering the name of your PLLC in the designated field at the top of the document. Ensure it complies with District of Columbia naming regulations.
Fill in the date and names of all Members involved in the agreement. This section is crucial as it establishes who is part of the PLLC.
Proceed to Article I, where you will specify details about the formation, including your PLLC's business purpose and registered office address.
In Article II, list initial members along with their capital contributions and percentage interests. This information is vital for profit distribution.
Complete Article III by selecting how your PLLC will be managed—either by Members or appointed Managers—and provide necessary details.
Review Articles IV through X for sections on contributions, profits, voting rights, and dissolution procedures. Make any necessary adjustments based on your specific needs.
Finally, ensure all Members sign at the end of the document. Use our platform’s signature feature to facilitate this process seamlessly.
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Once you (and the other LLC Members, if applicable) sign the Operating Agreement, then it becomes a legal document. Can I write my own Operating Agreement? Yes, but we recommend using an Operating Agreement template. An Operating Agreement is a legal document.
Does a PLLC need an operating agreement?
Although an operating agreement is not required for a PLLC in most states, it is still highly recommended that your PLLC have one. A PLLC operating agreement will detail the internal structure of your business and how it will be run by the members or managers.
Can you create your own operating agreement?
It is possible to create your own operating agreement. As we previously mentioned, you can hire LegalZoom to draft one for you, or work with a lawyer.
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