Vermont LLC Operating Agreement

Vermont LLC operating agreements are contracts between company owners, managers, and members that establish their entity’s rules and credibility. This execution preserves an entity’s internal cohesion since they detail an LLC’s membership roster and power structure.

Last updated September 15th, 2026

Is it Required in Vermont?

No. Vermont has not passed any state laws strictly requiring LLCs to have an operating agreement, but the benefits of a written agreement include smoother interactions within the company and whenever dealing with many landlords, banks, and other third parties.

11 V.S.A. § 4003

By Type (2)

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

Download: PDF, MS Word (.docx)

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

Download: PDF, MS Word (.docx)

State Definition

“Operating Agreement” means the implied, written, recorded, or verbal contract acknowledged by every member of an LLC that details its internal power structure, members, managers, and business policies;

11 V.S.A. § 4001

Sample

Download: PDF, MS Word

Vermont LLC Operating Agreement