Operating Agreements for LLC’s — Newly Revised
The Operating Agreements below in fillable pdf format are included by default with LLC kits ordered with Operating Agreements. If you prefer paper versions please request them when you order the kit or order separately below.
All LLC's must have operating agreements to structure the financial and working relationships among the owners of the LLC in a way that suits their business. The Operating Agreement specifies how the LLC will be governed; each member's percentage of ownership; his or her share of profits (or losses); his or her rights and responsibilities; and what happens to the business if one or more members leave.
Model Operating Agreements for Any State
Prepared by Victor S. Elgort, Esq., Norris McLaughlin & Marcus, P. A. Revised in 2016.
Six forms included plus a Comparative Features List to help you choose the appropriate form:
a) Single member, member governed
b) Single member, manager governed
c) Basic one class percentage interests
d) Standard form one class percentage interests
e) Long form, one class, percentage interests, buy sell provisions
f) Long form, two members, one class, percentage interests, buy sell provisions
NEW! Fillable PDF with LLC name and state in fields, sent via email, Cat. No. 5159PDFZ, if purchased without a kit, $18.00. Comes with LLC Kit if you order the Cat. No. with printed forms.
Paper forms, Cat. No. 5159, if purchased without a kit, $16.50. Comes with LLC kit if you order the Cat. No. with printed forms and specify paper forms instead of fillable pdf forms.
New York LLC Operating Agreements and Governance Documents
Prepared by Lauris G. L. Rall and Tim Santoli, Dentons US LLP. Revised in 2016.
A thorough and tax-sensitive set of documents to govern the LLC during its lifetime.
Suitable for member and manager governed LLCs. Forms included:
Commentary by the authors
1A – Member Managed Single Member Operating Agreement
1B – Manager Managed Single Member Operating Agreement
2A – Manager Managed Multiple Member Operating Agreement, Consent of Members, Consent of Managers and Company Regulations
2B – Member Managed, Multiple Member Operating Agreement
NEW! Fillable PDF with LLC name and state in appropriate fields, sent via email, Cat. No. 5154PDFZ, if purchased without a kit, $18.00. Comes with LLC kit if you order the Cat. No. with printed forms.
Paper forms Cat. No. 5154, if purchased without a kit, $16.50. Comes with LLC kit if you order the Cat. No. with printed forms and specify paper forms instead of fillable pdf forms.
Custom LLC Operating Agreements
In addition to standard LLC Operating Agreements, Blumberg offers custom LLC agreements. If you add the Customized Operating Agreement to the shopping cart, you will then fill out a questionnaire and we will create a document for you by merging your answers into our Operating Agreement template.
The Operating Agreements Library (state specific)
The Limited Liability Companies Library prepares Articles of Organization and Operating Agreements for limited liability companies including family LLC’s. Select provisions for appointment of managers; transferability of interests; rights of first refusal; buyouts on death, disability, retirement or termination of employment; admission of new members; deferred capital contributions and security therefore; loans from members; covenants not to compete; acquisition and operation of realty, reporting requirements; arbitration; and other subjects.