Multi-Member LLC Operating Agreement Template - Nevada

A Nevada Multi-Member LLC Operating Agreement is a formal document signed by multiple owners of the business to clarify the most important aspects of their operations after the entity is formed or update the business strategies or practices whenever necessary. You should identify all the owners of the company, list their rights and responsibilities, indicate the details of the future revenue allocation, and include the clauses that cover the addition of new members, the voting process, and the dissolution of the company.

Download a Nevada Multi-Member LLC Operating Agreement template below - it can be customized to suit the needs of your organization. This legal instrument is not required by any local or state authorities; but it can become very useful when you are negotiating a new contract with a potential partner, investor, or financial institution and the other party wants to know more about the hierarchy of your organization or the particulars of bookkeeping - besides, a separate document of this kind absolves owners of the business of personal liability for the debts of the business.

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.