Alaska Operating Agreement between NBC Internet, Inc. and Telocity, Inc.
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How to fill out Operating Agreement Between NBC Internet, Inc. And Telocity, Inc.?
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FAQ
Do you need an operating agreement in Alaska? No, it's not legally required in Alaska under § 10.50. 095. Single-member LLCs need an operating agreement to preserve their corporate veil and to prove ownership.
Hear this out loud PauseWashington state doesn't legally require an LLC to adopt a written operating agreement. However, a written operating agreement is important for proving ownership and limited liability status. It can also help you resolve disputes.
Operating agreements function as a legal contract between or among members of a multimember LLC, though even single-member LLCs can benefit from one, too. Most LLCs won't need to file or provide proof of an operating agreement?in fact, a business can keep these documents confidential among members if preferred.
Hear this out loud PauseAn 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, which means someone could sue you without there being any shield to protect your personal assets.
Hear this out loud PauseThe state of Alaska doesn't require LLCs to keep an operating agreement. As stated in AK Stat § 10.50. 095, an LLC ?may adopt an operating agreement? for the company, but it doesn't have to.
Hear this out loud PauseThe good news is that you're free to write your operating agreement in any way that you wish. There aren't any legal requirements regarding what you must include in the agreement. Drafting the best operating agreement for your LLC simply means tailoring it to your business's specific needs.