Massachusetts LLC Operating Agreement

Massachusetts LLC operating agreements govern a company’s affairs and satisfy submission requirements whenever dealing with banks and other financial institutions. Ideally, this is a written contract signed by all owners or members but can be entered verbally.

Last updated September 15th, 2026

Is it Required in Massachusetts?

No. The Commonwealth of Massachusetts has not made operating agreements a legal requirement for LLCs, but this document does provide protection once it is made. (MA General Law Part I, Title XXII, Ch 156C, Sec 24)

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 any contract (e.g., verbal, recorded, written) made between the members or owners of an LLC between each other and the company;

MA General Law Part I, Title XXII, Ch 156C, Sec 2(g)

Sample

Download: PDF, MS Word

Massachusetts LLC Operating Agreement