Delaware Multi-Member LLC Operating Agreement Form

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 rulebook that governs company activity and the powers and duties of its members. In Delaware, all LLCs must have an operating agreement, which can be written, oral, or implied.

Delaware Multi-Member LLC Operating Agreement Form

Last updated October 3rd, 2025

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 rulebook that governs company activity and the powers and duties of its members. In Delaware, all LLCs must have an operating agreement, which can be written, oral, or implied.