A South Carolina LLC operating agreement is a binding agreement between the owners of a limited liability company that establishes the company framework and ownership. It relays the company’s management, taxation, distribution payments, and division of ownership. All the LLC’s owners must sign the document for it to be valid.
A South Carolina LLC operating agreement is a binding agreement between the owners of a limited liability company that establishes the company framework and ownership. It relays the company’s management, taxation, distribution payments, and division of ownership. All the LLC’s owners must sign the document for it to be valid.
No – The contract is not required by law. However, if an agreement isn’t executed, the company will be governed solely by state law, which may expose the owners to personal liability.
 Single-Member LLC Operating Agreement – Outlines the ownership and operations of a company with one sole owner.
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 Multi-Member LLC Operating Agreement – Relays the structure and operations of an LLC that has two or more members.
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