Are you looking for an Operating Agreement for your North Carolina LLC? If yes, then you have come to the right place.
On this page, we’ve shared a generic operating agreement template which you can use and modify as per your business requirement.
Before you go ahead with the download, here are a few points you should know:
Why is an Operating Agreement the single most important document for your LLC
An operating agreement is a legal binding contract between the member(s) of the LLC and the LLC itself. It typically lays down rules and regulations governing the LLC and covers details about the duties and obligation of each member. It also outlines the financial and management structure of the business.
As per North Carolina state laws (§ 57D-1-02), it’s not mandatory to have an operating agreement in place but it’s highly recommended to have one.
A properly drafted operating agreement acts as a blueprint for all the member(s) of the LLC on how to conduct the business affairs and how to resolve any internal issue. It can also set forth the provision of dispute resolution and process of membership interest transfer or sale.
One thing to note here is the operating agreement becomes a legally binding contract only when all the member(s) sign it.
On this page, we’ve shared sample North Carolina LLC operating agreement for Single Member, Multi-Member and Manager Managed LLC.
Download North Carolina 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