Is an Operating Agreement Required?
No – An LLC is viable without an agreement. Nevertheless, it is recommended to draft one because it has multiple benefits and may be required by banks and investors.
Types (2)
![]()
|
|
The Montana LLC operating agreement is a contract drafted and executed by the owners of a limited liability company to establish the internal operations of their business. The agreement outlines ownership percentages, membership responsibilities, company policies, record-keeping procedures, and provisions for dissolution or liquidation.
The Montana LLC operating agreement is a contract drafted and executed by the owners of a limited liability company to establish the internal operations of their business. The agreement outlines ownership percentages, membership responsibilities, company policies, record-keeping procedures, and provisions for dissolution or liquidation.
No – An LLC is viable without an agreement. Nevertheless, it is recommended to draft one because it has multiple benefits and may be required by banks and investors.
![]()
|
|