Delaware LLC Operating Agreement

An LLC Operating Agreement retains authority to guide the conduct of the LLC’s members. This authority stems from each States’ statutory creation of a Limited Liability Company Act/Statute/Law. Deriving from this are principles by which LLC’s will be governed.

Form Description Types

Delaware Multi Member LLC Operating Agreement

The Delaware Multi Member LLC Operating Agreement is a representative agreement that other States have followed in the principles for drafting an LLC Operating Agreement. As one of the model states in recognizing limited liability companies, it reasonably follows that…Read more ›

Delaware Single Member LLC Operating Agreement

The Delaware Single Member LLC Operating Agreement represents a commitment by the solo owner to operate the LLC in a prescribed fashion. In describing the purpose of the LLC, general terms may be used such as “any lawful activity for…Read more ›