Multi-Member LLC Operating Agreement Template - West Virginia

A West Virginia Multi-Member LLC Operating Agreement is a legal instrument used by individuals that own a limited liability company and wish to determine the policy of the business and describe the rules they all must adhere to while managing the organization. If you want to have a manual of rules that explains how you should deal with internal disputes, establish the legitimate status of the business, and safeguard the owners from personal responsibility for the debts of the company, this is the document for you.

You may download a West Virginia Multi-Member LLC Operating Agreement template through the link below - it does not have to be submitted to any authorities, simply keep a copy in your records and share it willingly with business partners and investors if you want to elaborate on the internal management of the business. An operating agreement should clarify the purpose of the entity, list the duties of its members, specify the correct allocation of revenue, and indicate the procedures to follow when you are adding a new member, dealing with the retirement or passing of the owner, or dissolving the organization.

Haven't found the template you're looking for? Take a look at the related templates and forms below:

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