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Operating agreements establish the financial rights, powers and duties of the members of a Limited Liability Corporation (LLC). This operating agreement creates the structure for the LLC regarding financial and management control over capital accounts, profit distribution, tax responsibility and other issues.

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Where can I get a copy of a llc operating agreement?

http://www.sba.gov/community/blogs/community-blogs/business-law-advisor/operating-agreements-basics-0 is a good resource to help you. It contains information about operating agreements, and provides a link to a sample LLC operating agreements.


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