Multi-Member LLC Operating Agreement Template - Utah

A Utah Multi-Member LLC Operating Agreement is a formal instrument signed by multiple owners of the same company to define their own roles, explain how the business will deal with conflicts and vote on pressing matters, and determine the organizational issues such as the addition of a new member or the dissolution of the entity. The state laws do not require new companies or organizations that have worked in any industry to have this manual or regulations but it will be useful to create a set of rules that proves the legitimacy of the business and releases the owners of the company from personal responsibility for the debts the business will accumulate in the future.

A Utah Multi-Member LLC Operating Agreement template can be downloaded via the link below - make sure you cover the main organizational issues such as the procedures to adhere to when you are conducting a vote and financial matters - accounting, bookkeeping, distribution of stock. Keep a copy of this document in your internal records and modify it whenever needed following the amendment regulations you have included in writing.

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.