Iowa LLC Operating Agreement
An LLC Operating Agreement deciphers the members intent as to how the LLC should be run. Conflict between and among members will be settled according to the terms of the Agreement. Therefore, careful drafting is necessary to reflect the members’ intent for operations.
Iowa Multi Member LLC Operating Agreement
An Iowa Multi Member LLC Operating Agreement should address how managers and members owe a duty of loyalty and care to the LLC to protect the LLC’s general interests. This may include the prohibition of managers and members from self-dealing…Read more ›
Iowa Single Member LLC Operating Agreement
An Iowa Single Member LLC Operating Agreement allows the only member of the LLC to achieve its business interests compatible with the statutory requirements of the Iowa Revised Uniform Limited Liability Company Act. The Act enables the member to safeguard…Read more ›