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LLC Operating Agreement (Multi-Member)

Comprehensive operating agreement covering capital contributions, profit distribution, management structure, voting rights, and buy-sell provisions.

Why you need one

Multi-member protection

Defines each member's rights, duties, and financial interest.

Prevents disputes

Addresses profit allocation, management, and exit before conflicts.

Court enforceability

A signed operating agreement is enforceable in court.

Capital account tracking

Documents each member's capital contribution.

How it works

01

Answer a few questions

Takes about 10 minutes. Progress is saved as you go.

02

Pay a flat fee

Stripe checkout — cards + Apple Pay + Google Pay accepted.

03

Our expert team drafts it

State-specific, reviewed by an expert or partner attorney. 2 business days.

04

Download + sign

Delivered to your /account dashboard. Sign digitally or print + notarize.

What's in your document

  • Capital contributions
  • Profit & loss allocation
  • Management structure
  • Voting rights
  • Buy-sell provisions
  • Transfer restrictions

Make it legal — after you receive it

1

All members sign

Every member must sign the operating agreement.

2

Hold an organizational meeting

Hold a meeting to elect managers and adopt the agreement.

3

File with your records

Keep the signed agreement with your LLC formation documents.

This is not legal advice. We draft legal documents and our team includes licensed experts who review each one, but we are not your law firm and nothing we deliver constitutes legal advice for your specific matter. Read our full disclaimer.

Competitor pricing checked against Rocket Lawyer and LegalZoom public pricing; excludes fees and may change. See our price sources for capture dates.

Flat fee — no subscription
$129
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  • State-specific — every state's format supported
  • Delivered to your /account dashboard within 2 business days
  • CPA + attorney review before delivery
  • Free amendments for 30 days