This Operating Agreement is used in the formation of any Limited Liability Company. You make changes to fit your needs and add description of your business. Approximately 10 pages. It allows for eventual adding of new Members to LLC.
Llc Operating Agreement Georgia With Non Voting Members
State:
Georgia
Control #:
GA-00LLC-1
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Georgia Limited Liability Company LLC Operating Agreement?
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FAQ
A Georgia LLC operating agreement is a legal document that assists member(s) of a company to create an outline of the organization's standard operational procedures and other important aspects of the entity that shall be agreed upon by the managing members.
Get together with your co-owners and a lawyer, if you think you should (it's never a bad idea), and figure out what you want to cover in your agreement. Then, to create an LLC operating agreement yourself, all you need to do is answer a few simple questions and make sure everyone signs it to make it legal.
Georgia does not require an SMLLC to have an operating agreement. However, even though an SMLLC has just one member, an operating agreement is highly recommended. An SMLLC operating agreement does not need to be filed with the state. The operating agreement is usually made between the single member and the LLC itself.
How to Form an LLC in Georgia (5 steps)Step 1 Registered Agent.Step 2 Articles of Organization/Certificate of Authority.Step 3 Pay the Filing Fee.Step 4 Operating Agreement.Step 5 Employer Identification Number (EIN)
Georgia does not require LLCs to have operating agreements, but it is highly advisable to have one. An operating agreement will help protect your limited liability status, prevent financial and managerial misunderstandings, and ensure that you decide on the rules governing your business instead of state law by default.