New Mexico Operating Agreement
State:
Multi-State
Control #:
US-CS-LLC-OA-101-1
Format:
Word;
Rich Text
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Description
This is a sample Operating Agreement. 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. Once the document is signed by the members of the limited liability company, it acts as an official contract binding them to its terms.
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