An operating agreement is a written agreement that explains the roles and responsibilities of members and managers (if any) of a limited liability company (LLC). The operating agreement also addresses other rules that govern the business operation.
Read MoreA limited liability company (LLC) will normally conduct business consistent with its operating agreement.
If you decide to make any changes to the operating agreement, you should ensure that the procedures outlined are followed. Further, you should document the vote in your minutes.
Read MoreIf you decide to shut down your limited liability company (LLC), you will normally need to file one or more documents in the State where you registered the business. Once an LLC is dissolved, it may not conduct further business operations except those directly involved in winding down its affairs.
Read More
