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An operating agreement outlines the internal workings of an LLC, including management structure and member duties. In contrast, a resolution is a formal record of specific decisions made by the members or managers. While the operating agreement serves as a foundational document, resolutions like the Tennessee Resolution of Meeting of LLC Members to Authorize Expense Accounts address particular actions that require formal approval.
To obtain Articles of Organization for your LLC in Tennessee, you can file online through the Secretary of State's website or submit a paper application. The form requires important details about your LLC, such as its name and principal address. This step is crucial in formalizing your business structure, which complements your foundational resolutions, such as those to authorize expense accounts.