Looking for Operating Agreement template for your Hawaii LLC? Yes?
We’ve got you covered.
On this page, you can download a expert drafted Operating Agreement for your LLC. And did we mention it’s absolutely FREE!
Hawaii LLC laws (HI Rev Stat § 428-103), do not mandate the requirement of a written operating agreement. But without this agreement, the business may be at risk.
Let’s analyze why?
1) Without a written agreement, there could be confusion between the member(s) regarding roles, responsibility or finances. Having a written agreement beforehand, can clarify most of such issues and prevent lengthy legal proceedings.
2) The agreement provides liability protection to member(s) personal asset (read more here). Without the agreement in place, the court may pierce the corporate veil.
3) Without the agreement, the default state LLC statutes are applicable. The default laws are very generic and in most cases will not represent how the business is governed.
Below we have shared a sample operating agreement for LLCs formed in Hawaii. You can download them and customize it as per your business needs.
Download Hawaii (HI) 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: 29/12/2018