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LIMITED LIABILITY COMPANY OPERATING AGREEMENT1 OF COMPANY NAME This OPERATING AGREEMENT is entered into and shall be effective as of ............, 20....., by and among the Persons who are identified
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A limited liability company operating agreement is a document that outlines the organizational structure and operating procedures of an LLC.
All members of the LLC are typically required to sign and file the operating agreement.
To fill out a limited liability company operating agreement, members must include key information such as the company's name, members' ownership percentages, voting rights, management structure, and profit distribution.
The purpose of a limited liability company operating agreement is to establish the rights and responsibilities of the members and provide a framework for the operation of the LLC.
Information such as the company's name, members' names and contact information, business purpose, management structure, capital contributions, profit distribution, and dispute resolution procedures must be reported on the operating agreement.
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