Are you looking for an Operating Agreement for your Mississippi LLC? If yes, then you have come to the right place. On this page, we’ve shared a generic operating agreement template for your LLC which you can download for FREE!
Please note that this is only a generic version. So you would need it to customize it per as per your business requirements.
But first, What is an Operating Agreement?
An operating agreement is an oral, implied or written agreement which outlines the ownership and governance of the LLC. It is similar to the bylaws of the corporation. The agreement memorializes the terms and conditions agreed upon by the members of the LLC.
Having an operating agreement safeguards the members from any future risk. Issues can crop up between the members regarding the finances or responsibilities.
Provisions can be made in the agreement to handle such scenarios. Also, the agreement safeguards the limited liability status of the LLC, in case the business is sued.
The agreement is just for internal purpose and need not be submitted or filed with the secretary of state office. The only requirement for the agreement to be effective is that the agreement must be signed by all the member(s) of the LLC.
Below we’ve shared a sample template of Mississippi Operating Agreement. You can download and edit as per your needs.
Download Mississippi LLC Operating Agreement (PDF/DOCX)
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