A California multi-member LLC operating agreement allows the owners (or “members”) of an LLC to institute operating procedures that will govern how their business functions internally. California is one of the few states that requires LLCs to draw up an operating agreement. While the contract doesn’t need to be in writing, it is highly recommended.
A California multi-member LLC operating agreement allows the owners (or “members”) of an LLC to institute operating procedures that will govern how their business functions internally. California is one of the few states that requires LLCs to draw up an operating agreement. While the contract doesn’t need to be in writing, it is highly recommended.
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