Is it Required in South Dakota?
No, a South Dakota LLC can conduct its affairs and business as such without an operating agreement since no state laws demand one however, LLCs are encouraged to adopt one in writing early on. (South Dakota Codified Laws 47-34A-103)
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 agreements” are the statutes, definitions, power structure, and policies that a company’s owners, managers, and members acknowledge and accept to run their company under;


