Free LLC Operating Agreement Template & Generator
Generate a complete single-member or multi-member LLC operating agreement in minutes — ownership, management, distributions, and dissolution covered. Print, sign, done.
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SINGLE-MEMBER LLC OPERATING AGREEMENT
This Operating Agreement of ________________ (the "Company"), a limited liability company organized under the laws of the State of ________________, is entered into and effective as of ________________.
1. FORMATION. The Company was formed on ________________ by filing Articles of Organization with the Secretary of State of ________________. The principal office of the Company is ________________.
2. MEMBERS & OWNERSHIP. The Members of the Company and their respective ownership interests are: ________________.
3. MANAGEMENT. The Company shall be ________________. Decisions within the ordinary course of business may be made by the managing party; matters outside the ordinary course require the consent of Members holding a majority of ownership interests.
4. CAPITAL CONTRIBUTIONS. Members have contributed capital as separately recorded in the Company's records. No Member is obligated to make additional contributions without written consent.
5. DISTRIBUTIONS & ALLOCATIONS. Profits, losses, and distributions shall be allocated among Members in proportion to their ownership interests, unless otherwise agreed in writing.
6. LIABILITY. No Member shall be personally liable for the debts, obligations, or liabilities of the Company solely by reason of being a Member.
7. DISSOLUTION. The Company may be dissolved upon the written consent of Members holding a majority of ownership interests, or as otherwise required by law.
8. GOVERNING LAW. This Agreement shall be governed by the laws of the State of ________________. This Agreement constitutes the entire agreement among the Members regarding the Company's operations.
Private by default
The agreement is generated in your browser. Nothing you type is stored unless you save it to your account — and you can delete it anytime.
Accurate extraction
A guided form, not a blank Word doc: enter your LLC's details and get a complete agreement with the eight clauses banks, courts, and the IRS expect — membership, management, contributions, distributions, liability, and dissolution.
No templates
Reads any layout — every agreement comes out as clean, structured rows. Nothing to configure.
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Every line item is pulled into structured rows — the same fields you'd type in by hand.
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Your LLC's details
A complete, signable agreement
| Field | Value |
|---|---|
| LLC | Acme Ventures LLC (Wyoming) |
| Members | Jane Doe — 60%, John Roe — 40% |
| Management | Member-managed |
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- Complete operating agreement
- Single & multi-member
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For steady monthly use.
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For professionals and small firms.
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Business
For firms and heavy volume.
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1 conversion = one document of up to 25 pages. Longer documents count as one conversion per additional 25 pages.
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Questions
Do I really need an operating agreement?+
Five states (CA, NY, MO, ME, DE) legally require one — but every LLC needs one in practice: banks ask for it when opening accounts, it's your strongest evidence of the liability shield, and it's the contract that prevents member disputes. Single-member LLCs included.
Is this valid for a single-member LLC?+
Yes — pick the single-member type. It matters more than people think: it documents the separation between you and the company, which is exactly what a court examines when someone tries to pierce the veil.
Does it need to be notarized or filed?+
No — operating agreements are internal documents. Sign it, keep it with your records, and give copies to members and your bank when asked. Nothing is filed with the state.
What does it cover?+
Formation details, members and ownership percentages, management structure, capital contributions, profit/loss allocations and distributions, member liability protection, dissolution, and governing law — the clauses banks and courts look for.
Can I change it later?+
Yes — amend it in writing with the consent your agreement requires (majority interest, in the generated terms). Regenerate a fresh version here in minutes when members or splits change.
Is this legal advice?+
No — it's a standard-form agreement suitable for straightforward LLCs. Complex situations (investors, vesting, special allocations, multi-state operations) deserve an attorney's review.