This sample Operating Agreement describes the rules by which the Members agree to govern the company. Modify to suit your needs.
This sample Operating Agreement describes the rules by which the Members agree to govern the company. Modify to suit your needs.
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Your Texas LLC Operating Agreement doesn't need to be notarized. Once you (and the other LLC Members, if applicable) sign the Operating Agreement, then it becomes a legally binding document for all of you.
These forms can be filed online or mailed in duplicate along with a filing fee of $300 for domestic and $750 for foreign applications. Mailed applications should be sent to: PO Box 13697, Austin, TX 78711-3697. After your application is approved, you can file the optional Operating Agreement if you choose.
An LLC operating agreement is not required in Texas, but is highly recommended. This is an internal document that establishes how you will run your LLC. It sets out the rights and responsibilities of the members and managers, including how the LLC will be managed.
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.
How to Form an LLC in Texas (6 steps)Step 1 Registered Agent.Step 2 LLC Type.Step 3 File for Registration.Step 4 Pay the Fee.Step 5 Operating Agreement.Step 6 Employer Identification Number (EIN)