Is an Operating Agreement Required?
No – In Wisconsin, an operating agreement is not legally required, but most LLCs choose to adopt one.
Types (2)
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A Wisconsin LLC operating agreement is a legal contract drafted by the members of a limited liability company to define the entity’s structure and governance. It outlines the duties of the members and managers, capital contributions, asset distribution, accounting and taxes, and all other internal affairs of the business.
A Wisconsin LLC operating agreement is a legal contract drafted by the members of a limited liability company to define the entity’s structure and governance. It outlines the duties of the members and managers, capital contributions, asset distribution, accounting and taxes, and all other internal affairs of the business.
No – In Wisconsin, an operating agreement is not legally required, but most LLCs choose to adopt one.
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