If you’re on this page, it means either of the two things – you just formed your LLC and are looking for an operating agreement to complete the formalities. Or you may have already formed the LLC but you did execute the agreement at that time.
Independent of the reason is, on this page you can find an expert drafted operating agreement which can use and modify as per your business needs.
Before you proceed, here are a few things you should know about this agreement:
Operating Agreement – Is it really that important?
Montana State LLC statutes do not mandate the requirement of having an operating agreement. But not drafting one is a terrible idea!
Actually, without this agreement, the business is at risk both internally and externally.
- Internal factors include issues between members such as disputes and disagreements.
- External factors include any possible lawsuits against the firm.
In both the cases, an operating agreement can help resolve the issue. LLC members can make provisions in the agreement as to how the business will be handled in various scenarios.
At the same time, the agreement gives an indicator to the court that business is following all the legal formalities. This helps in upholding the limited liability status of the LLC.
Below we’ve shared a sample operating agreement which can be used by LLCs in Montana. The templates are available in both PDF and word format.
Download Montana LLC Operating Agreement (PDF/Word)
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