Form preview

Get the free MEMBER-MANAGED OPERATING AGREEMENT template

Get Form
MEMBERMANAGED OPERATING AGREEMENT A Limited Liability Company Organized and Forerunner the Laws of the State of OPERATING AGREEMENT, made this day of 20, by and between hereinafter called Members.
We are not affiliated with any brand or entity on this form

Get, Create, Make and Sign member-managed operating agreement template

Edit
Edit your member-managed operating agreement template form online
Type text, complete fillable fields, insert images, highlight or blackout data for discretion, add comments, and more.
Add
Add your legally-binding signature
Draw or type your signature, upload a signature image, or capture it with your digital camera.
Share
Share your form instantly
Email, fax, or share your member-managed operating agreement template form via URL. You can also download, print, or export forms to your preferred cloud storage service.

Editing member-managed operating agreement template online

9.5
Ease of Setup
pdfFiller User Ratings on G2
9.0
Ease of Use
pdfFiller User Ratings on G2
Use the instructions below to start using our professional PDF editor:
1
Log in to account. Click on Start Free Trial and register a profile if you don't have one yet.
2
Prepare a file. Use the Add New button. Then upload your file to the system from your device, importing it from internal mail, the cloud, or by adding its URL.
3
Edit member-managed operating agreement template. Replace text, adding objects, rearranging pages, and more. Then select the Documents tab to combine, divide, lock or unlock the file.
4
Save your file. Select it from your records list. Then, click the right toolbar and select one of the various exporting options: save in numerous formats, download as PDF, email, or cloud.
pdfFiller makes dealing with documents a breeze. Create an account to find out!

Uncompromising security for your PDF editing and eSignature needs

Your private information is safe with pdfFiller. We employ end-to-end encryption, secure cloud storage, and advanced access control to protect your documents and maintain regulatory compliance.
GDPR
AICPA SOC 2
PCI
HIPAA
CCPA
FDA

How to fill out member-managed operating agreement template

Illustration

How to fill out member-managed operating agreement

01
Step 1: Begin by providing the basic information about the LLC, such as its name, address, and the names of the members.
02
Step 2: Specify the capital contributions made by each member.
03
Step 3: Describe the voting rights and responsibilities of each member.
04
Step 4: Outline the management structure of the LLC, including the roles and powers of the members.
05
Step 5: Include provisions for decision-making processes, such as how meetings will be conducted and how voting will take place.
06
Step 6: Include provisions for profit and loss allocations among the members.
07
Step 7: Include provisions for changes to the operating agreement, such as adding or removing members.
08
Step 8: Specify procedures for dissolution of the LLC, including how assets will be distributed among the members.
09
Step 9: Review and finalize the operating agreement, and make sure all members sign it.
10
Step 10: Keep a copy of the fully executed operating agreement for your records.

Who needs member-managed operating agreement?

01
Any LLC that is owned and managed by its members (rather than by managers appointed by the members) needs a member-managed operating agreement. This ensures that the members have a clear understanding of their rights, responsibilities, and decision-making processes within the LLC.

What is MEMBER-MANAGED OPERATING AGREEMENT Form?

The MEMBER-MANAGED OPERATING AGREEMENT is a document you can get filled-out and signed for specified purpose. Next, it is furnished to the exact addressee to provide certain info of certain kinds. The completion and signing can be done or with a suitable solution like PDFfiller. These services help to complete any PDF or Word file without printing them out. It also allows you to customize it depending on the needs you have and put legit e-signature. Once you're good, the user ought to send the MEMBER-MANAGED OPERATING AGREEMENT to the recipient or several of them by email and even fax. PDFfiller is known for a feature and options that make your Word form printable. It includes various settings for printing out appearance. No matter, how you'll distribute a form after filling it out - physically or electronically - it will always look well-designed and firm. In order not to create a new file from scratch every time, turn the original form into a template. After that, you will have a rewritable sample.

Template MEMBER-MANAGED OPERATING AGREEMENT instructions

When you're ready to start filling out the MEMBER-MANAGED OPERATING AGREEMENT form, you'll have to make clear that all required information is well prepared. This very part is significant, due to errors can result in undesired consequences. It's always annoying and time-consuming to resubmit forcedly the whole word template, not even mentioning penalties caused by missed deadlines. Working with figures requires a lot of attention. At first glimpse, there’s nothing complicated in this task. Nonetheless, there is nothing to make a typo. Professionals recommend to store all required info and get it separately in a different file. When you have a template, it will be easy to export that information from the document. In any case, you need to be as observative as you can to provide accurate and legit data. Doublecheck the information in your MEMBER-MANAGED OPERATING AGREEMENT form while filling out all required fields. You can use the editing tool in order to correct all mistakes if there remains any.

Frequently asked questions about MEMBER-MANAGED OPERATING AGREEMENT template

1. Is this legit to submit forms electronically?

As per ESIGN Act 2000, electronic forms written out and authorized with an electronic signature are considered as legally binding, similarly to their hard analogs. As a result you can fully fill out and submit MEMBER-MANAGED OPERATING AGREEMENT form to the individual or organization required to use electronic solution that fits all requirements of the mentioned law, like PDFfiller.

2. Is my personal information protected when I submit forms online?

Certainly, it is absolutely risk-free as long as you use reliable tool for your work-flow for those purposes. For instance, PDFfiller provides the following benefits:

  • All data is kept in the cloud storage space that is facilitated with multi-layer encryption. Every single document is protected from rewriting or copying its content this way. It's user only who's got access to data.
  • Each and every word file signed has its own unique ID, so it can’t be forged.
  • User can set additional security such as user verification by picture or password. There is also an way to protect the entire directory with encryption. Place your MEMBER-MANAGED OPERATING AGREEMENT writable form and set your password.

3. How can I export my data to the word form?

To export data from one document to another, you need a specific feature. In PDFfiller, it is called Fill in Bulk. With the help of this one, you are able to take data from the Excel worksheet and put it into the generated document.

Fill form : Try Risk Free
Users Most Likely To Recommend - Summer 2025
Grid Leader in Small-Business - Summer 2025
High Performer - Summer 2025
Regional Leader - Summer 2025
Easiest To Do Business With - Summer 2025
Best Meets Requirements- Summer 2025
Rate the form
4.9
Satisfied
45 Votes

For pdfFiller’s FAQs

Below is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.

By combining pdfFiller with Google Docs, you can generate fillable forms directly in Google Drive. No need to leave Google Drive to make edits or sign documents, including member-managed operating agreement template. Use pdfFiller's features in Google Drive to handle documents on any internet-connected device.
Use the pdfFiller mobile app to fill out and sign member-managed operating agreement template on your phone or tablet. Visit our website to learn more about our mobile apps, how they work, and how to get started.
On Android, use the pdfFiller mobile app to finish your member-managed operating agreement template. Adding, editing, deleting text, signing, annotating, and more are all available with the app. All you need is a smartphone and internet.
A member-managed operating agreement is a legal document that outlines how a limited liability company (LLC) will be managed by its members.
All members of an LLC are required to file a member-managed operating agreement.
To fill out a member-managed operating agreement, members need to include information about how the LLC will be managed, the rights and responsibilities of members, and how profits and losses will be allocated.
The purpose of a member-managed operating agreement is to establish the rules and guidelines for how an LLC will operate and how decisions will be made.
Information reported on a member-managed operating agreement includes details about how the LLC will be managed, member rights and duties, profit and loss distribution, and dispute resolution procedures.
Fill out your member-managed operating agreement template online with pdfFiller!

pdfFiller is an end-to-end solution for managing, creating, and editing documents and forms in the cloud. Save time and hassle by preparing your tax forms online.

Get started now
Form preview
If you believe that this page should be taken down, please follow our DMCA take down process here .
This form may include fields for payment information. Data entered in these fields is not covered by PCI DSS compliance.