Operating Agreement Sample For Llc In Texas

State:
Multi-State
Control #:
US-0021BG
Format:
Word; 
Rich Text
Instant download

Description

It’s important that the business arrangement between a manager and their client (artist, musician, songwriter, producer, engineer, etc) be put into writing and signed by both parties in the form of an artist management contract or music manager agreement.
Even though disasters cannot always be avoided, obligations can be made much clearer and responsibilities more easily understood with the presence of a written artist management agreement. Before you get an attorney to draft a contract for you, however, you should first take stock of what you are prepared to do with and for an artist and what you expect out of the relationship.
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FAQ

The states where LLC owners are public record include: Arizona. Arkansas. California.

While Texas law does not mandate LLCs to have an operating agreement, it is highly recommended to have one as it offers numerous benefits and legal protections. It also helps in avoiding misunderstandings among members and demonstrating compliance with legal formalities.

Once you (and the other LLC Members, if applicable) sign the Operating Agreement, then it becomes a legal document. Can I write my own Operating Agreement? Yes, but we recommend using an Operating Agreement template. An Operating Agreement is a legal document.

Check With Your Company Agent The registered business agent is often a commercial service that exists explicitly to serve this function. The agent may also be an individual officer in your LLC. Request a copy of the operating agreement from this individual or entity.

The members of an LLC are required to adopt a written Operating Agreement. See Section 417 of the Limited Liability Company Law. The Operating Agreement may be entered into before, at the time of, or within 90 days after the filing of the Articles of Organization.

A typical LLC operating agreement is a 10- to 20-page contract document which sets up guidelines and rules for the LLC. In states such as California, Missouri, and New York, it is mandatory to include this document during the incorporation process.

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Operating Agreement Sample For Llc In Texas