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Click ‘Get Form’ to open the Tennessee Limited Liability Company LLC Operating Agreement in the editor.
Begin by entering the name of your LLC and the date of the agreement at the top of the document. Ensure that all members' names are listed accurately.
In Article I, provide details about the formation of your LLC, including its registered office and agent. Fill in any required fields regarding compliance with Tennessee laws.
Move to Article II and list all initial members along with their capital contributions and percentage interests in the LLC. This section is crucial for defining ownership.
In Article III, specify how management will be structured—whether by members or appointed managers—and detail their powers and responsibilities.
Continue through Articles IV to XIII, filling out each section regarding contributions, profits, voting rights, duties, and dissolution procedures as applicable to your LLC.
Once completed, review all entries for accuracy. Use our platform's features to save or share your document for further collaboration if needed.

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Can I write my own operating agreement for my LLC?

The good news is that youre free to write your operating agreement in any way that you wish. There arent any legal requirements regarding what you must include in the agreement. Drafting the best operating agreement for your LLC simply means tailoring it to your businesss specific needs.

Are operating agreements required for limited liability companies?

Every LLC that is registered in the states of California, Delaware, Maine, Missouri, and New York is legally required to have an operating agreement.

Does TN require an operating agreement for LLC?

In Tennessee, an LLC canbut isnt required tocreate an operating agreement. Its highly recommended that your LLC create an operating agreement and put it in writing. However, you dont need to file this document with the state.

Should LLC operating agreement be notarized?

Most states, including California, Texas, and New York, do not require notarization for operating agreements. In these jurisdictions, notarization remains voluntary and may be pursued to enhance document authenticity and credibility.

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