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Operating Agreement for a Limited Liability Company
 | Date: September 2010 Type: Legal Template Format: Word Document Size: 79 KB Pages: 1 |  Registration required. Read Our Terms of Use |
This Word document sets forth the terms and conditions of operating a limited liability company (LLC). A Limited Liability Company (LLC) is a type of company, authorized only in certain states, whose owners and managers receive the limited liability and (usually) tax benefits of an S Corporation without having to conform to the S corporation restrictions.
Benefits
Using this tool, you will have a ready-made document with which to describe the terms and conditions of a Limited Liability Company.
Time ROI
It takes on average 20 hours to develop an agreement of this type. By using this tool, you will save approximately 18 hours since all you have to do is input your company's information.
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