This Operating Agreement is used in the formation of any Limited Liability Company. You make changes to fit your needs and add description of your business. Approximately 10 pages. It allows for eventual adding of new Members to LLC.
Llc Operating Agreement Alaska For Two Partners
State:
Alaska
Control #:
AK-00LLC-1
Format:
Word;
Rich Text
Instant download
Description
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FAQ
Yes, it is possible for an LLC to operate under more than one DBA at a time. DBAs allow an LLC to use more than one business name without having to form multiple, separate legal entities.
How to Write an Operating Agreement Step by StepStep One: Determine Ownership Percentages.Step Two: Designate Rights, Responsibilities, and Compensation Details.Step Three: Define Terms of Joining or Leaving the LLC.Step Four: Create Dissolution Terms.Step Five: Insert a Severability Clause.
member LLC is a limited liability company with two or more members. Like a singlemember LLC, a multimember LLC (MMLLC) is a lightweight business entity that combines the flexibility of a partnership with the limited liability of a corporation.
Divide ownership of the LLC by calculating total cash investment by the members. Give each member an ownership stake equal to his cash investment. Four members contributing $25,000 apiece would each receive a 25 percent stake in the company.
Basic Steps to Form a Multi-Member LLCChoose a business name.Apply for an EIN (Employer Identification Number).File your LLC's articles of organization.Create an operating agreement.Apply for the necessary business licenses and permits.Open a separate bank account for your business.
More info
Like all our forms, this template is intended for individual use. A limited liability company (LLC) is a popular business structure for small businesses.Do you need an operating agreement when you form a limited liability company (LLC)?