A Mississippi multi-member LLC operating agreement is used to describe how a limited liability company with two (2) or more owners will run internally. The document details the management of the LLC, membership capital contributions, allocation of profits and losses, and company accounting. The agreement’s implementation is invaluable, even though Mississippi law does not require it.
A Mississippi multi-member LLC operating agreement is used to describe how a limited liability company with two (2) or more owners will run internally. The document details the management of the LLC, membership capital contributions, allocation of profits and losses, and company accounting. The agreement’s implementation is invaluable, even though Mississippi law does not require it.