Looking for an Operating Agreement template for your Georgia LLC? If yes, then you have come to the right place. On this page, we’ve shared a generic operating agreement template which you can use and modify as per your business needs.
Before that, here is why an Operating Agreement is so Important
An operating agreement is a private document which outlines the internal working of the business. This includes the roles and responsibilities of the member(s), capital contribution, voting right, distribution of profits/loss, arbitration and more.
As per the Georgia state LLC laws, it is not mandatory to have an Operating agreement between the LLC members but it’s a prudent thing to do. It can either be in oral or written form. It’s highly recommended to have a written agreement in place to prevent any future dispute to arise between members. Also having an agreement lends credibility to the business and strengthens the corporate veil. Additionally while opening a business bank account, banks usually ask for an operating agreement.
We’ve shared generic operating agreements for Georgia single member LLC, multi-member and manager managed LLC. It’s available in both fillable PDF format and editable doc file.
Edit the agreement as per your needs and in case of complex scenarios you are better off getting one done by a business attorney.
Download Georgia LLC Operating Agreement (PDF/DOCX)
Based on the LLC type, download the relevant document.
Disclaimer: The document is shared for reference purpose only. We disclaim all liability and responsibility arising from any reliance placed on the information shared. We encourage you to consult a professional business attorney to get a professional agreement made.
Last Updated: 02/01/2019