The Operating Agreement outlines the basic operating rules for the limited liability company. It functions similarly to the "by-laws" in a corporation.Download a free Maryland LLC Operating Agreement. List LLC Members, how profits are split, and how your LLC is taxed. You can use one of our attorney-drafted templates to fill out, save, and download your operating agreement for free. A Maryland LLC Operating Agreement is a legal document for LLC members to document how an LLC in Maryland will be run. Make yours for free and save, print. Create a legally binding Maryland LLC Operating Agreement with PandaDoc. Access our template to simplify the process with a legitimate agreement today. Do you want to know how to start an LLC in Maryland?