A Wyoming Multi-Member LLC Operating Agreement is a formal instrument negotiated and signed by multiple members of the same company whose goal is to verify they are free from personal liability for the debts of the business and to establish the rules to follow whenever there is an internal disagreement between several people responsible for the management of the entity. This document will help you avoid default state laws if you think your business should operate differently - besides, when you are proposing a contract to a potential business partner or investor, you can share the operating agreement with them to demonstrate the details of your structure and finances.
Download a Wyoming Multi-Member LLC Operating Agreement template through the link below - do not submit it to any authorities, simply maintain an updated version in your main office at all times. Make sure it contains the list of duties the owners must carry out, the provisions elaborating on the allocation of funds and shares, and the details of the voting process.
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