Limited Liability Company Operating Agreement Template
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9LIMITED LIABILITY COMPANY OPERATING AGREEMENT
FOR
_________________________
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A Single Member-Managed Limited Liability Company
ARTICLE I
Company Formation
1.1
FORMATION. The Member hereby does form a Limited Liability Company ("Company")
subject to the provisions of the Limited Liability Company Act as currently in effect as of
this date. Articles of Organization shall be filed with the Secretary of State.
1.2
NAME. The name of the Company shall be: ____________________________________.
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1.3
REGISTERED AGENT. The name and location of the registered agent of the Company
shall be:
____________________________________
______________________
______________________
_______________________
1.4
TERM. The Company shall continue for a perpetual period unless,
(a) The Member votes for dissolution; or
(b) Any event which makes it unlawful for the business of the Company to be carried on
by the Member; or
(c) Any other event causing dissolution of this Limited Liability Company under the laws
of the State of ___________________.
1.5
CONTINUANCE OF COMPANY. Notwithstanding the provisions of ARTICLE 1.4, in the
event of an occurrence described in ARTICLE 1.4(c), if there is at least one remaining
Member, said remaining Member shall have the right to continue the business of the
Company. Such right can be exercised by the written vote of the remaining
Member within ninety (90) days after the occurrence of an event described in ARTICLE
1.4(c). If not so exercised, the right of the Member to continue the business of the
Company may expire if that member desires.
Operating Agreement - 1
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