Maryland LLC Operating Agreement
An LLC Operating Agreement is a promise by members of a limited Liability Company to operate the LLC in a particular manner. It provides protection against personal liability by demonstrating your intent to form a separate business entity. Moreover, the agreement helps to prevent misunderstandings by specifying, among other details, the manner in which profits are divided, business decisions are made and the addition/departure of members.
Maryland Single Member LLC Operating Agreement
A Maryland Single Member LLC Operating Agreement is a written document that allows a single owner (the sole owner of a company) to separate their business from their personal affairs. Importantly, for federal income tax purposes, the sole member is…Read more ›
Maryland Multi Member LLC Operating Agreement
A Maryland Multi Member LLC Operating Agreement is a written agreement between the members of the LLC that sets out a structured system as to how the LLC will be managed. With respect to other recognized lawful entities, the Multi…Read more ›