Is an Operating Agreement Required?
No – Rhode Island doesn’t require LLCs to execute operating agreements, but it is common practice due to its practicality and benefits.
Types (2)
![]()
|
|
A Rhode Island LLC operating agreement is a document that binds the members of a limited liability company to an agreement regarding the ownership structure and internal operations of their company. The contract will include terms that establish the LLC’s taxation, annual meetings, contributions, management, and distributions.
A Rhode Island LLC operating agreement is a document that binds the members of a limited liability company to an agreement regarding the ownership structure and internal operations of their company. The contract will include terms that establish the LLC’s taxation, annual meetings, contributions, management, and distributions.
No – Rhode Island doesn’t require LLCs to execute operating agreements, but it is common practice due to its practicality and benefits.
![]()
|
|