Llc Operating Agreement Mississippi With State

State:
Mississippi
Control #:
MS-00LLC-2
Format:
Word; 
Rich Text
Instant download

Description

This Operating Agreement is for a Limited Liability Company with only one Member. This form may be perfect for an LLC started by one person. 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.
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FAQ

A Mississippi LLC operating agreement is a binding legal document that controls the affairs of an LLC. The company's owners and managers are bound by the agreement.

An operating agreement is a key business document that shows your business operates like a legit company. Without the operating agreement, your state might not acknowledge you as an LLC, and which means someone could sue to go after you without there being any shield to protect your personal assets.

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.

Prepare an Operating AgreementAn LLC operating agreement is not required in Mississippi, but is highly advisable. This is an internal document that establishes how your LLC will be run. It is not filed with the state.

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More info

Nature of business; powers. (1) Subject to the provisions of its certificate of formation or the operating agreement and subject to any other laws of this state.Title 79, Chapter 29 - REVISED MISSISSIPPI LIMITED LIABILITY COMPANY ACT. "Certificate of Formation" means the document filed with the Mississippi. Name Your LLC; Choose a Registered Agent; File Formation Documents with the State of Mississippi; Draft an LLC Operating Agreement; Get an EIN. Step 4: Draft a Mississippi LLC Operating Agreement. Create an Operating Agreement. An Operating Agreement is the guiding document of your Mississippi LLC.

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Llc Operating Agreement Mississippi With State