A New York LLC operating agreement is a document that the founding members of an LLC use to determine the framework of their company’s rules, regulations, operations, and ownership. By establishing the LLC as a separate entity from its owners, the agreement protects them from personal liability associated with any debts or lawsuits brought against the company.
A New York LLC operating agreement is a document that the founding members of an LLC use to determine the framework of their company’s rules, regulations, operations, and ownership. By establishing the LLC as a separate entity from its owners, the agreement protects them from personal liability associated with any debts or lawsuits brought against the company.
Yes – LLCs in New York are legally required to create an operating agreement, and it must become effective within 90 days of the company’s formation.[1]
 Single-Member LLC Operating Agreement – If the company has one sole owner, they can use this simplified form.
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 Multi-Member LLC Operating Agreement – For use by companies that have more than one member.
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