New Jersey LLC Operating Agreement

New Jersey LLC operating agreements document the conditions, terms, contributions, and benefits of each company member (sole or multi-member), manager, and owner/partner. In addition to the hierarchy, company policies and rules are also defined.

Last updated September 15th, 2026

Is it Required in New Jersey?

No, currently, New Jersey has not passed any laws requiring LLCs to have operating agreements in order to conduct business. (NJ Rev Stat § 42:2C-12 (2023))

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 written contract or verbal agreement between business owners, managers (or officers), and members that define an LLC as well as their benefits, powers, and obligations;

N.J. Stat. § 42:2C-2

Sample

Download: PDF, MS Word

New Jersey LLC Operating Agreement