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Is it Required in Texas?
No. Texas LLCs are not expected by state law to enact an operating agreement in order to function, but an LLC without one is generally considered vulnerable to internal and external risks. (Texas Business Organizations Code Limited Liability Companies Sec. 101.001)
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,” or company agreement, is the guidelines for the internal and external affairs of an LLC and the power structure and rights of members, owners, and managers;
Texas Business Organizations Code Limited Liability Companies Sec. 101.052
