Tennessee LLC Operating Agreement Template

A Tennessee LLC operating agreement outlines the internal rules and regulations of a limited liability company. Without an operating agreement, the LLC is governed by the Tennessee Limited Liability Company Act. Executing this document allows the company’s members to self-organize and maintain an ownership structure that suits their needs.

Tennessee LLC Operating Agreement Template

Last updated October 7th, 2025

A Tennessee LLC operating agreement outlines the internal rules and regulations of a limited liability company. Without an operating agreement, the LLC is governed by the Tennessee Limited Liability Company Act. Executing this document allows the company’s members to self-organize and maintain an ownership structure that suits their needs.

Is an Operating Agreement Required?

No – Tennessee statutes do not require operating agreements, but having one in place is common practice.

Types (2)

Single-Member LLC Operating Agreement – For individuals establishing an LLC without other members.

 

Download: PDF, Word, ODT

 

Multi-Member LLC Operating Agreement – An operating agreement established by an LLC that has two (2) or more members.

 

Download: PDF, Word, ODT

 

Operating Agreement (Preview)