Is an Operating Agreement Required in Maine?
Yes – Maine is one of the few states that requires LLCs to have an operating agreement.[1] This agreement is an internal document, so it doesn’t need to be filed with the Secretary of State.
Types (2)
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A Maine LLC operating agreement is created by the owners of a limited liability company to outline their methods of operation and the entity’s internal framework. The completed document will present an overview of the company structure, ownership percentages, member functions, and the management of company finances.
A Maine LLC operating agreement is created by the owners of a limited liability company to outline their methods of operation and the entity’s internal framework. The completed document will present an overview of the company structure, ownership percentages, member functions, and the management of company finances.
Yes – Maine is one of the few states that requires LLCs to have an operating agreement.[1] This agreement is an internal document, so it doesn’t need to be filed with the Secretary of State.
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