Multi-Member LLC Operating Agreement Template - North Dakota

A North Dakota Multi-Member LLC Operating Agreement is a written set of guidelines prepared by the company that has more than one owner to illustrate the purpose of the organization and list the rules every member of the board and top manager must comply with. While there is no legal obligation to have a formal manual that defines the objectives of the business and its day-to-day activities, consider drafting this document to always know how to act in the event of an internal disagreement and how to update and develop the business.

A North Dakota Multi-Member LLC Operating Agreement template can be found via the link below - you may customize it to make it appropriate for your organization and to confirm that no members bear personal responsibility for the company's debts. Make sure it includes essential elements like the names of all owners, the provisions determining the distribution of shares, the voting procedure, the implementation of new strategies and ideas, and the dissolution 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.