If you are thinking to register an LLC in Missouri or already own one, then you would probably know the importance of an operating agreement. This agreement is used by LLCs to lay out the rules and regulations to run the business.
Missouri is one of the few states, where executing an operating agreement is required by law.
On this page, we’ve shared an expert drafted operating agreement specifically for Missouri LLCs. You can download and amend the agreement as per your needs.
Before you proceed, here are a few points you should know about the agreement:
What does an Operating Agreement Cover?
A well-written agreement should cover the following points:
- Duties of each member/manager
- Voting Rights
- Percentage ownership interest of each member
- Arbitration clause and,
- Membership interest transfer/sale/forfeit information
As per Missouri LLC laws (MO Rev Stat § 347.081), the operating agreement must be executed by all registered LLCs in the state. Failure to do so can waive off the liability protection which any LLC enjoys. Moreover, having a written agreement can help prevent any future conflicts that may arise among the members of the LLC.
Each business is different and would require a different set of points to be covered in the agreement. Below we’ve shared a generic operating agreement for various type of LLCs (single, multi or manager managed). You can edit it as per your business setup.
Download Missouri LLC Operating Agreement (PDF/DOC)
Based on the type of your LLC, 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