Texas Ratification of Memorandum of Operating Agreement and Financing Statement - Form 2
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How to fill out Ratification Of Memorandum Of Operating Agreement And Financing Statement - Form 2?
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FAQ
You should make sure you have an operating agreement for your PLLC. (Unlike most other states, Texas statutes refer to this document as a "company agreement.") Unlike professional licenses, articles of organization, naming restrictions, and service restrictions, this is not a state requirement.
Having an operating agreement in place will protect you from personal liability and the financial obligations of your organization, keep relationships with other members smooth and professional, and help guide your LCC from its starting point to success.
An operating agreement lays out the expectations for all members of your Texas LLC, their roles, rights and responsibilities. By writing your operating agreement early, this ensures that all your business members are clear about who will do what and how disagreements or conflicts of interest will be solved.
How to Write an Operating Agreement Download the operating agreement form from the Texas Secretary of State website and enter your company name. Enter the document's effective date. Enter the state of location and the full name and business address of the owner(s).
