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Sample Operating Agreement For, LLC A New York Limited Liability Company This Operating Agreement (the Agreement”) is made effective as of, by and among and those Persons (the Members) identified
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The sample operating agreement is a document that outlines the internal workings of a limited liability company (LLC) and the rights and responsibilities of its members.
All members of an LLC are required to have a copy of the operating agreement, but it may not need to be filed with the state.
The operating agreement should be customized to reflect the specific management and ownership structure of the LLC, and all members should review and sign it.
The purpose of the operating agreement is to provide a clear framework for how the LLC will be managed, how decisions will be made, and how disputes will be resolved.
The operating agreement should include details about the members, their ownership percentages, their rights and responsibilities, the management structure, and any other relevant provisions.
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