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OPERATING AGREEMENT OF COMMUNITY INTEGRATED HEALTH SERVICES, THIS AGREEMENT is entered into this ___ day of ___, 2019, by and among Great Rivers Behavioral Health Organization, LLC (herein, the Member);
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01
Begin with the title at the top: 'Operating Agreement of [Your Company Name]'.
02
Specify the date of the agreement.
03
Provide a section for the names and addresses of the members.
04
Outline the purpose of the LLC in the agreement.
05
Detail the ownership percentages of each member.
06
Include provisions for management structure (member-managed or manager-managed).
07
Describe the voting rights and decision-making processes.
08
Establish financial arrangements: how profits and losses will be distributed.
09
Include procedures for adding new members or handling membership transfers.
10
Outline the process for handling disputes among members.
11
Include a dissolution clause detailing how to dissolve the LLC if needed.
12
Have all members sign and date the agreement.

Who needs operating agreement of great?

01
All members of a Limited Liability Company (LLC).
02
Business owners who want to define the structure and operation of their LLC.
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Anyone seeking to clarify roles, responsibilities, and profit-sharing among members.
04
Investors or lenders who require legal documentation of the company structure before engaging.
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An operating agreement of great is a legal document that outlines the management structure, operational procedures, and ownership rights of a business, specifically for limited liability companies (LLCs).
Typically, the members or owners of the LLC are required to file the operating agreement. It may also be advised for single-member LLCs to have one for clarity in management and operations.
To fill out an operating agreement, provide the LLC's name, address, purpose, member details, capital contributions, profit sharing, management structure, and any additional rules and regulations governing the LLC.
The purpose of the operating agreement is to establish clear rules and guidelines for the LLC's operations, outline the ownership stakes, protect the members' interests, and prevent misunderstandings among members.
The operating agreement must report the LLC's name, principal office address, members' names and addresses, capital contributions, distribution of profits and losses, and management details.
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