Looking for Operating agreement for your Kentucky LLC?
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Is Operating Agreement Really Important?
As per the Kentucky state laws, an operating agreement is not a mandatory document and for this reason it’s not filed with the secretary of state (unlike article of organization).
But it is by far the most important document for your LLC. A well-drafted agreement can save you from any conflicts or legal dispute in the future. It also shields the member(s) personal asset in case of any business liability/loss.
It is an internal document which must be signed by all the LLC member(s) before it becomes effective. The document covers how the internal affairs of the business will be carried out and the relationship between the members. It should also include the ownership percentage of each member, voting rights and buy out/buy-sell provision for membership interest.
Below we’ve shared a sample Kentucky operating agreement for your reference. You can edit as per your business understanding.
Download Kentucky 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