Multi-Member LLC Operating Agreement Template - Louisiana

A Louisiana Multi-Member LLC Operating Agreement is a typed or handwritten document that describes the basics of the company that has several owners and contains the rules to follow in the event of a disagreement between the members. It is highly advised to compose a list of rules and regulations that will remind the business owners of the goals the organization has set for the nearest future and many years to come and confirm the individuals in charge are not responsible for the financial struggles of the entity they manage.

You may download a Louisiana Multi-Member LLC Operating Agreement template below - keep a copy of the document in your records, there is no need to share the details you put in writing with any local or state authorities. At a minimum, the operating agreement has to state the names and duties of the board members, certify the purpose of the company, include the provisions related to the allocation of shares and distribution of profits, and determine the procedures to adhere to whenever there is a necessity for a board meeting or bylaws amendment.

Haven't found the template you're looking for? Take a look at the related templates and forms below:

• Starting a Business Forms and Templates;
• Corporation Forms;
• LLC Forms.