Operating Agreement (Multi-Member, Manager-Managed) (Short Form) (CA) | Practical Law

Operating Agreement (Multi-Member, Manager-Managed) (Short Form) (CA) | Practical Law

A short-form operating agreement (also known as a limited liability company agreement) to be used for a California limited liability company (LLC) with multiple members. This Standard Document assumes an agreement among multiple members, one of which is the manager of the LLC. This Standard Document includes integrated notes with important explanations and drafting and negotiating tips.

Operating Agreement (Multi-Member, Manager-Managed) (Short Form) (CA)

Practical Law Standard Document w-004-5015 (Approx. 65 pages)

Operating Agreement (Multi-Member, Manager-Managed) (Short Form) (CA)

by Practical Law Corporate & Securities
MaintainedCalifornia
A short-form operating agreement (also known as a limited liability company agreement) to be used for a California limited liability company (LLC) with multiple members. This Standard Document assumes an agreement among multiple members, one of which is the manager of the LLC. This Standard Document includes integrated notes with important explanations and drafting and negotiating tips.