Forming a Limited Liability Company (LLC) protects each member’s personal assets from the business’s debts and obligations—while allowing flexibility in how the company is managed.
This multi-member, manager-managed operating agreement is designed for LLCs with two or more owners who want to appoint one or more managers to handle the company’s daily operations. It defines ownership percentages, profit distribution, voting rights, and management responsibilities—so everyone’s role is clear.
Important: Always ensure your operating agreement matches your Certificate of Formation.
If your Certificate shows your LLC as manager-managed, this is the correct agreement.
If all members actively participate in management and your Certificate lists the LLC as member-managed, look for that version instead—or schedule a consultation to confirm you’re using the correct structure.
Forming a Limited Liability Company (LLC) protects each member’s personal assets from the business’s debts and obligations—while allowing flexibility in how the company is managed.
This multi-member, manager-managed operating agreement is designed for LLCs with two or more owners who want to appoint one or more managers to handle the company’s daily operations. It defines ownership percentages, profit distribution, voting rights, and management responsibilities—so everyone’s role is clear.
Important: Always ensure your operating agreement matches your Certificate of Formation.
If your Certificate shows your LLC as manager-managed, this is the correct agreement.
If all members actively participate in management and your Certificate lists the LLC as member-managed, look for that version instead—or schedule a consultation to confirm you’re using the correct structure.
