Multi-Member LLC Operating Agreement Template - Wisconsin

Spell out the terms and conditions all the owners of the limited liability company need to follow with the help of a Wisconsin Multi-Member LLC Operating Agreement - a formal contract binding for every member of the board. Despite the lack of a legal requirement to have this legal instrument if your company is formed in the states, it is highly advised to compose a similar document to confirm the legitimate status of the business and certify the members do not bear personal liability for the debts of the organization.

You can find a Wisconsin Multi-Member LLC Operating Agreement template via the link below - keep an updated version of this document in the company records and amend it when there is a need to. To make sure the contract is effective, identify the owners and define their duties, draw a hierarchy of the entity, include provisions that cover the financial matters like bookkeeping and allocation of funds, and describe the voting process and the decisions the owners are supposed to make together.

Still looking for a particular template? Take a look at the related forms and templates below:

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