A professionally drafted LLC Operating Agreement template covering ownership percentages, management structure, profit distribution, and member exit procedures. Includes both single-member and multi-member versions — the one document every LLC needs.
What You Get
- Single-member AND multi-member versions — switch between them with one click
- Covers ownership percentages, voting rights, and profit splits
- Member exit and buyout provisions — prevents future disputes
- Accepted by banks for business account opening
- Fillable HTML + editable Word (.docx) — fill in browser or Microsoft Word
Who This Is For
Anyone who has formed or is forming an LLC and needs the operating agreement required by most banks, investors, and some states.
Frequently Asked Questions
Do I legally need an operating agreement?
Some states require it by law. All banks require it to open a business account. And it protects you by defining the rules of the LLC before disputes arise. Even single-member LLCs need one.
Can I use this for a multi-member LLC?
Yes — the template includes a complete multi-member version with provisions for ownership percentages, voting, profit splits, and member exits. In the HTML file, click the 'Version B — Multi-Member' tab at the top.
How do I use the HTML file?
Open the .html file in Google Chrome or Microsoft Edge. Select Version A (Single-Member) or Version B (Multi-Member) using the tabs at the top. Click any highlighted field and type your information. When done, click 'Save as PDF'.
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- Works in all 50 US states
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