Organization with the Arizona. Visit our free operating agreement template and check out our What Is an Operating Agreement guide to learn more.Complete the Application To Reserve Limited Liability Company Name. All members, past, present and future must sign this Operating Agreement as a condition of membership. These agreements ensure that personal assets are kept separate from business liabilities should you face legal problems or business debts in the future. Download your S Corp Operating Agreement Template in Word Doc format. It only takes 3 steps to form an Arizona LLC: choose a business name, select a registered agent, and file the Articles of Organization.