A Brief Introduction About the LLC Operating Agreement An LLC Operating Agreement is a legal document that is created between the partners of an LLC venture or a Limited Liability Corporation. Although none of the states within the United States of America demands an LLC Operating Agreement for an LLC firm to operate, it is […]
What Is an Operations Agreement? An operations agreement (or operating agreement) is a document used by a limited liability company (LLC) to lay down rules and regulations governing the business. It can be compared to a corporation’s bylaws and is used to regulate an LLC’s internal business operations. It contains all the conditions agreed to […]