Minnesota LLC Operating Agreement

The Minnesota LLC operating agreement is a long-term safeguard against potential internal disputes since it helps establish an LLC’s credibility. Many suggest that members execute this document in writing as this helps the agreement stand the test of time.

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Last updated September 15th, 2026

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The Minnesota LLC operating agreement is a long-term safeguard against potential internal disputes since it helps establish an LLC’s credibility. Many suggest that members execute this document in writing as this helps the agreement stand the test of time.

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Is it Required in Minnesota?

No. Minnesota does not have any state laws that mandate an LLC to function under an operating agreement; however, LLCs without one can be severely limited in their protections and functions. (Minnesota Statutes 322C.0111)

By Type (2)

 Single-Member LLC Operating Agreement – For a company with one member.

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Multi-Member LLC Operating Agreement – For a company with two or more members.

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State Definition

“Operating agreement” means the contract signed by all an LLC’s members and containing the company rules, code of conduct, and business activities;

Minnesota Statutes 322C.0102 Subd. 17

Sample

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