To safeguard the operations of their firm, every Rhode Island LLC owner should have an operating agreement in place. While an operating agreement is not legally needed by the state, it will create clear norms and expectations for your LLC while also establishing your legitimacy as a legal company.

An operating agreement is a legal document that describes an LLC’s ownership structure and operational practices.

Whether you form a single-member or multi-member LLC, your operating agreement should include all of the following subjects. Some of these requirements will have little impact on the day-to-day operations of a single-member LLC, but they must be included for legal purposes.

An operating agreement is required regardless of the sort of Rhode Island LLC you establish. This is why:

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We collaborated with a company attorney to provide free operating agreement templates and a user-friendly Operating Agreement Tool. To get started, just create a free business center account.

Template examples include:

By completing a few basic questions, the Operating Agreement Tool makes it simple to establish a unique operating agreement for your organization.

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