LLC operating agreement
- company name, state of formation, effective date and principal office
- who runs it: the members together, or a named manager
- every member, what each put in and the share each owns (adding up to exactly 100%), listed on Exhibit A
Corporate bylaws
- corporation name, state of incorporation and principal office
- the number of directors
- the officer who certifies adoption, their title and the adoption date
Each person signs here or on paper. The agreement goes in the company's minute book; it is not recorded with any county.
How it works
- Create it online. Answer plain-English questions and the agreement is drafted for you.
- Sign and keep it. This document is not recorded with the county; it is signed and kept with your papers.
Questions
Frequently asked
LLC or corporation?
The first question decides it: an LLC gets an operating agreement, a corporation gets bylaws.
What is asked?
The company name, the state it was formed in, the effective date, the principal office address, who runs it, and the members or the board.
Is it recorded?
No. It is the company's own paper and goes in its minute book.