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LLC Operating Agreement

Starting an LLC, or running one without a written agreement? Tell AI Lawyer who the members are, what each one put in and how the company is run, and it writes an operating agreement for your state — so your own rules apply instead of the state’s default ones. Your agreement records the company’s name, purpose and registered office, each member’s contribution and ownership share, how profits and losses are split, whether members or managers run the company and how votes are counted, how new members join and existing ones leave, buy-out terms, the books and the tax treatment, and how the LLC is wound up. Also called an LLC agreement, company agreement, member agreement or operating contract.

Pick your state, answer a few questions, and your operating agreement is ready to download, email or print.

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LLC Operating Agreement sample

Your operating agreement, done in three short steps

1. Describe your company and its membersThe LLC’s name and state, who the members are, what each one contributes and who runs the day-to-day — plain questions, no legal jargon. About five minutes.
2. Get an agreement written for your stateAI Lawyer drafts the full agreement from your answers — single-member or multi-member, member- or manager-managed. Read it over and change anything before you finish.
3. Download, sign or printSave it as a PDF or Word file, email it to the other members, or print it for everyone to sign and keep with the company records.

What goes into your operating agreement

An LLC operating agreement is the contract between the members of a limited liability company — and, for a one-owner LLC, the owner’s own written rulebook. Most states do not require one, but without it the state’s default LLC statute decides how profits are split, how votes are counted and what happens when a member leaves. A signed agreement also helps show that the company is separate from its owners, which is what keeps your personal assets out of its debts.

Every operating agreement AI Lawyer writes covers:

  • The company’s name, purpose, registered office and formation date
  • The members, their capital contributions and ownership percentages
  • How profits, losses and distributions are shared
  • Member-managed or manager-managed, voting rights and what needs a unanimous vote
  • Adding members, transfers of interest, buy-outs and rights of first refusal
  • Books and records, bank accounts, tax classification and the fiscal year
  • Meetings, amendments, indemnification and how the LLC is dissolved

One owner or several, a brand-new company or one that has run for years on a handshake — the questions adapt to your situation, and the agreement comes out written for your state.

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An operating agreement you can actually rely on

AI Lawyer writes each document from your answers and your state's rules, so you're not guessing which clauses a generic LLC template left out.

Start with a 7-day free trial and cancel any time. It includes:

Every document you'll needOperating agreements, bylaws, NDAs, contracts and the rest of our library — make as many as you like.
Written for your stateDefault LLC rules, record-keeping duties and what an agreement must cover differ by state. Your agreement is drafted for yours.
Yours to keepDownload as PDF or Word, email it to the other members, or print it. Come back and edit it whenever the terms change.
Change it by chatNeed a buy-out clause or a different profit split? Tell AI Lawyer what to change and it redrafts the agreement — no retyping.
Excellent153 reviews onTrustpilot