Florida doesn’t require limited liability companies (LLCs) formed in the state to have an operating agreement, but if you’re forming your LLC in the Sunshine State, it’s still a good idea to ...

An LLC operating agreement is a document that determines business and financial decisions and key member roles. Some states require operating agreements before approving an LLC’s formation.

10. Why should your operating agreement require a unanimous vote in order to admit a new member to your LLC? Your operating agreement should require a unanimous vote to admit a new member because a ...

If you plan to form a New Hampshire multi-member LLC to conduct a business or for any other reason, and if, for this purpose, you use the help of LegalZoom, the well-known national legal services ...

It is far preferable for LLC members to consult with the proper advisers when preparing operating documents—and to ensure they draft them effectively. The documents are much more than ...

However, if only one of the members of a two-member LLC actually operates its business, the operating agreement should often provide that if such a dispute arises, the passive member must resign but ...