Missouri LLC Operating Agreement Templates
An operating agreement is required by State law when forming a limited liability company in Missouri. Also known as an “LLC”, the agreement outlines the way a business functions on a day to day basis and allows the owners (also known as ‘Members’) to protect themselves.
The document is not filed after it’s creation and is supposed to be kept in a safe and accessible place in the chance it is needed. The most notables items that are agreed by the members of the company are; capital investment, percentage of ownership, disbursements, management, officer roles, and majority interest including voting rights. Once it is signed each party involved in the document should keep a copy for their records.