Texas Series Llc Operating Agreement Template

State:
Texas
Control #:
TX-PLLC-1
Format:
Word; 
Rich Text
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Description

The Texas series llc operating agreement template serves as a foundational document for establishing a professional limited liability company (P.L.L.C.) in Texas. This template allows for modifications to accommodate specific professional practices and operational needs. Key features include the formation and management structure of the LLC, roles of members and managers, and provisions for membership contributions, profits, losses, and distributions. Additionally, the template outlines voting rights, procedures for admitting new members, and guidelines for the transferability of membership interests. To fill out the form, users should input relevant profession details, member contributions, and operational structures applicable to their business. It's specifically beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants, providing a clear framework that supports compliance with state laws while addressing the unique needs of professional practices. Overall, this operating agreement template simplifies the formation and governance of a P.L.L.C., ensuring all essential legal components are included.
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  • Preview Sample Operating Agreement for Professional Limited Liability Company PLLC
  • Preview Sample Operating Agreement for Professional Limited Liability Company PLLC
  • Preview Sample Operating Agreement for Professional Limited Liability Company PLLC
  • Preview Sample Operating Agreement for Professional Limited Liability Company PLLC
  • Preview Sample Operating Agreement for Professional Limited Liability Company PLLC
  • Preview Sample Operating Agreement for Professional Limited Liability Company PLLC
  • Preview Sample Operating Agreement for Professional Limited Liability Company PLLC
  • Preview Sample Operating Agreement for Professional Limited Liability Company PLLC
  • Preview Sample Operating Agreement for Professional Limited Liability Company PLLC
  • Preview Sample Operating Agreement for Professional Limited Liability Company PLLC
  • Preview Sample Operating Agreement for Professional Limited Liability Company PLLC

How to fill out Texas Sample Operating Agreement For Professional Limited Liability Company PLLC?

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FAQ

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)

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Texas Series Llc Operating Agreement Template