LLC Operating Agreement (Multi-Member)

This LLC Operating Agreement (Multi-Member) template outlines the roles, responsibilities, and rights of each member in a multi-member limited liability company (LLC). It covers aspects such as ownership percentages, profit and loss distribution, management structure, decision-making processes, and dispute resolution, ensuring clarity and legal protection for all members. Ideal for businesses with multiple owners.

Disclaimer - Not Legal Representation or Advice:
Templates and information are not intended to constitute legal advice or representation. User acknowledges that they have not relied on any legal advice from the drafting of this template and should seek independent legal advice for any specific legal questions or concerns.