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SAMPLE OPERATING AGREEMENT TX00LLC1 FOR A MULTIMEMBER LLC This agreement is a sample operating agreement and should be modified to meet your needs. It provides for the LLC to be operated by one or.

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Costs To Start a Texas LLC TaskCost Certificate of Formation Filing $25-$750 Operating Agreement Creation $0 EIN Application $0 Assumed Name Certificate $254 more rows • Apr 11, 2024

The Business Organizations Code (BOC) does not require the notarization of signatures on filing instruments.

What To Include in a Texas LLC Operating Agreement LLC member names. Each member's rights, roles and responsibilities. Financial contribution and percentage of ownership per member. Profit and loss allocations per member. LLC management structure, such as member-managed or manager-managed.

Without an operating agreement, your state's default rules will apply to your LLC. If you don't have an operating agreement, your state's default rules apply. Default rules are set by states so that, if a contract does not specify certain terms, there are rules set in place to fill these gaps.

In some states, a single-member LLC is not recognized in the same light as a standard LLC. In Texas, this is not the case. Despite this, under federal IRS rules, unless the single-member LLC elects taxation as a corporation, it is considered a disregarded entity for Federal income tax purposes.

Expansion or Restriction of Duties and Liabilities. The company agreement of a limited liability company may expand or restrict any duties, including fiduciary duties, and related liabilities that a member, manager, officer, or other person has to the company or to a member or manager of the company.

Texas doesn't require an SMLLC to have an operating agreement. However, even though an SMLLC has just one member, an operating agreement is highly recommended. You don't need to file your SMLLC's operating agreement with the state. The operating agreement is usually made between the single member and the LLC itself.

You can get an LLC cheaply by filing your formation documents yourself. You'll also save money by being your own Registered Agent, and using our free LLC Operating Agreement template. By forming your LLC yourself, being your own Registered Agent, and using our Operating Agreement template you can save over $400.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232