A South Dakota LLC operating agreement is a limited liability company’s governing contract that outlines the structure and internal affairs of the company. An LLC operating agreement will contain provisions such as member ownership percentages, management and voting rights, capital contributions, distributions, and the dissolution of the company.
A South Dakota LLC operating agreement is a limited liability company’s governing contract that outlines the structure and internal affairs of the company. An LLC operating agreement will contain provisions such as member ownership percentages, management and voting rights, capital contributions, distributions, and the dissolution of the company.
No – According to state law, executing an operating agreement is optional. However, it is necessary to reduce the owner’s personal liability.
 Single-Member LLC Operating Agreement – A contract used by an LLC with only one member.
|
 Multi-Member LLC Operating Agreement – This agreement is for LLCs with more than one member.
|
Create Document
Fill & Customize
Basic Download
Adobe PDF
Microsoft Word
OpenDocument
