Multi Member LLC Operating Agreement

In order to help prevent courts from disregarding your LLC and “piercing the veil,” some formalities need to be maintained.  Implementing and following an up to date Operating Agreement is one of a few formalities courts expect for LLC owners to uphold.

This Multi Member Limited Liability Company Operating Agreement template can be used among the members of a limited liability company (LLC or company) to govern the operation of the LLC, including the members’ contractual rights, obligations, and restrictions relating to their membership interests in the company.

This template is based on the laws of Delaware.

IMPORTANT: Please consult a local attorney and remove any commentary or highlights before executing!

Last Update May 2021

May 1, 2021


Leave a Reply

Your email address will not be published.

All rights reserved © 2017 - 2022 New Millenia Legal Resources
New Millennia Legal Resources provides information and software only. New Millennia Legal Resources is not a "lawyer referral service" and does not provide legal advice or participate in any legal representation through this membership site. Use of this website is subject to our Terms of Service and Privacy Policy.

Cyber Monday 2020 80% Off

Cyber Monday ONLY!

Get 80% Off  All Contract Templates!

SHOP NOW

Emails suck. But ours don’t!

Stay in the know with helpful legal tips, tricks, and offers specially tailored for small businesses and startups!

Marketing by