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.
Llc Operating Agreement Tennessee With Multiple Classes
State:
Tennessee
Control #:
TN-00LLC-2
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Tennessee Single Member Limited Liability Company LLC Operating Agreement?
Whether for business purposes or for personal affairs, everyone has to handle legal situations at some point in their life. Filling out legal paperwork requires careful attention, starting with choosing the proper form template. For example, when you select a wrong version of the Llc Operating Agreement Tennessee With Multiple Classes, it will be rejected once you send it. It is therefore crucial to have a trustworthy source of legal papers like US Legal Forms.
If you have to obtain a Llc Operating Agreement Tennessee With Multiple Classes template, stick to these easy steps:
- Find the sample you need by utilizing the search field or catalog navigation.
- Look through the form’s description to make sure it fits your case, state, and region.
- Click on the form’s preview to examine it.
- If it is the wrong document, go back to the search function to find the Llc Operating Agreement Tennessee With Multiple Classes sample you need.
- Get the file if it matches your requirements.
- If you have a US Legal Forms account, just click Log in to gain access to previously saved files in My Forms.
- In the event you do not have an account yet, you can download the form by clicking Buy now.
- Pick the appropriate pricing option.
- Complete the account registration form.
- Select your payment method: you can use a credit card or PayPal account.
- Pick the document format you want and download the Llc Operating Agreement Tennessee With Multiple Classes.
- When it is downloaded, you can complete the form by using editing software or print it and complete it manually.
With a substantial US Legal Forms catalog at hand, you never have to spend time searching for the appropriate sample across the web. Take advantage of the library’s easy navigation to get the appropriate form for any situation.
Form popularity
FAQ
Does an LLC have shares? No. Only businesses structured as a corporation issue shares. With a limited liability company, ownership is expressed by percentage and membership units.
In order to complete your Operating Agreement, you will need some basic information. The formation date of your LLC. The name and address of the Registered Office and Registered Agent. The general business purpose of the LLC. Member(s) percentages of ownership. Names of the Members and their addresses.
It is possible to have multiple classes of equity in an LLC. In a real estate LLC, for example, you may have an actively managing member and other passive participants.
Nope, Tennessee law doesn't require you to file your operating agreement with the state. Your operating agreement is an internal document your LLC should keep on record.
To form a Series LLC in Tennessee, you must file Articles of Organization with the Tennessee Secretary of State, Business Services Division. You can submit this form online, in person, or by mail. The minimum filing fee is $300 for a Series LLC with six or fewer members.