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Georgia Single Member Limited Liability Company LLC Operating Agreement

State:
Georgia
Control #:
GA-00LLC-2
Format:
Word; 
Rich Text
Instant download

Description Llc Operating Agreement

This Operating Agreement is for a Limited Liability Company with only one Member. This form may be perfect for an LLC started by one person. 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.

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Operating Agreement For Llc Georgia Form popularity

Georgia Operating Agreement Other Form Names

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Llc Operating Agreement Document FAQ

Most states do not require LLCs to have this document, so many LLCs choose not to draft one. While it may not be a requirement to have an operating agreement, it's actually in the best interest of an LLC to draft one.However, a written operating agreement defines in writing how the LLC is run.

An operating agreement is a key document used by LLCs because it outlines the business' financial and functional decisions including rules, regulations and provisions. The purpose of the document is to govern the internal operations of the business in a way that suits the specific needs of the business owners.

An operating agreement is a document which describes the operations of the LLC and sets forth the agreements between the members (owners) of the business. All LLC's with two or more members should have an operating agreement. This document is not required for an LLC, but it's a good idea in any case.

Georgia does not require an operating agreement in order to form an LLC, but executing one is highly advisable.The operating agreement does not need to be filed with the state.

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Georgia Single Member Limited Liability Company LLC Operating Agreement