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In Delaware, unlike most other states, an operating agreement must be implemented. It can be entered into before, after, or upon the LLC’s registration with the Division of Corporations.
Delaware Multi-Member LLC Operating Agreement Form
Last updated May 15th, 2025
A Delaware multi-member LLC operating agreement is the document used by members of a limited liability company to establish the entity’s internal structure and operating procedures. It serves as a rule book that governs both company activity and the powers and duties of the members thereof.