Operating Agreement (Multi-Member, Member-Managed) (Short Form) (CA) | Practical Law

Operating Agreement (Multi-Member, Member-Managed) (Short Form) (CA) | Practical Law

A short-form operating agreement (also known as a limited liability company (LLC) agreement) to be used for a member-managed California LLC with multiple members. This Standard Document is an agreement among the LLC and its members. This Standard Document includes integrated notes with important explanations and drafting and negotiating tips.

Operating Agreement (Multi-Member, Member-Managed) (Short Form) (CA)

Practical Law Standard Document w-019-6923 (Approx. 67 pages)

Operating Agreement (Multi-Member, Member-Managed) (Short Form) (CA)

by Practical Law Corporate & Securities
Maintained • California
A short-form operating agreement (also known as a limited liability company (LLC) agreement) to be used for a member-managed California LLC with multiple members. This Standard Document is an agreement among the LLC and its members. This Standard Document includes integrated notes with important explanations and drafting and negotiating tips.