Multi-Member LLC Operating Agreement Template - Arizona

If you have started a small business or a large corporation with one or several partners and you are looking for a convenient way to determine the main regulations that will help you manage the company, compose an Arizona Multi-Member LLC Operating Agreement. This document will be legally binding for the owners of the company who need to specify the hierarchy of the business, the distribution of shares, and the procedures to follow whenever either of them plans to propose a change to the internal documentation of the entity or offers an implementation of a new business strategy.

An Arizona Multi-Member LLC Operating Agreement template can be downloaded via the link below - customize it to your liking including additional provisions like the steps to take in case one of the members decides to leave the company or passes away. Although there is no legal requirement to file this document with the local authorities to notify them about the structure of your business, you need to maintain an updated version of the operating agreement in your records to be aware of the path to take in the event of a disagreement between the owners.

Still looking for a particular template? Take a look at the related forms and templates below:

• Starting a Business Forms and Templates;
• Corporation Forms;
• LLC Forms.