A New Mexico LLC operating agreement is executed by an LLC’s members to set forth the company’s rules and regulations. The agreement provides each member’s name, address, ownership interest, rights, and responsibilities, and sets forth how the company will be managed.
A New Mexico LLC operating agreement is executed by an LLC’s members to set forth the company’s rules and regulations. The agreement provides each member’s name, address, ownership interest, rights, and responsibilities, and sets forth how the company will be managed.
No – LLCs aren’t legally required to create an operating agreement. Nevertheless, it is in the best interest of the owners to execute one to ensure the company is structured to suit its needs.
 Single-Member LLC Operating Agreement – Used for LLCs that have one sole owner.
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 Multi-Member LLC Operating Agreement – Details the rules and functions of an LLC with two or more members.
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