Multi-Member LLC Operating Agreement Template - Montana

A Montana Multi-Member LLC Operating Agreement is a formal contract the owners of the organization prepare and sign to define their rights and duties in relation to the business they co-own and to safeguard themselves from bearing personal liability for the organization in question. If you do not want to adhere to default state and local laws that govern the activities of every business, you are entitled to compose a separate manual that explains how your entity is run and how you are handling various issues that will inevitably arise in the future.

You may find a Montana Multi-Member LLC Operating Agreement template via the link below - it does not have to be filed anywhere, just keep an updated version in the internal files of the business. An effective operating agreement should name the owners, indicate the mission of the company and briefly describe its objectives, list the rights and duties of every member and record the steps you are allowed to take whenever there is a necessity to negotiate a new business plan, propose a partnership with another company, or modify the existing internal regulations.

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.