Operating Agreements That Reflect How You Actually Operate
Customized operating agreements and governing documents for LLCs of all structures.
Operating agreements drafted
States served
Tailored to your structure
Single-member, multi-member, manager-managed — we draft for how your LLC actually runs.
The Governing Document of Your LLC
An operating agreement defines how an LLC is managed, who owns what, how decisions are made, and how profits are distributed. It is the internal rulebook of the entity.
Even if your state does not require one, the agreement is what gives your LLC its legal structure in practice — defining member rights, voting thresholds, capital contributions, distributions, and dissolution procedures.
Defines ownership and member rights
Clearly documents who owns what percentage and what rights each member holds.
Establishes decision-making rules
Voting thresholds, manager authority, and how the LLC actually makes decisions.
Defines ownership and member rights
Clearly documents who owns what percentage and what rights each member holds.
Establishes decision-making rules
Voting thresholds, manager authority, and how the LLC actually makes decisions.
Why Your Operating Agreement Actually Matters
Banks commonly require operating agreements to open business accounts. Custodians require them for Self-Directed IRA LLCs. Without one, your entity’s governance is undefined — and state default rules step in to fill the gap, often in ways you would not choose for yourself.
A well-drafted agreement protects the limited liability shield, prevents disputes between members, and tells every third party — banks, custodians, courts — exactly how the entity operates.
Need the specialized version for retirement accounts? See our Self-Directed IRA LLC operating agreements →
— The reason every serious LLC starts with a custom document.
Two Core Operating Agreement Types
We prepare the documents you actually need — drawn from the structures that govern real LLCs.
Standard LLC Operating Agreements
Custom agreements for single-member, multi-member, and manager-managed LLCs. Covers ownership, voting, distributions, capital contributions, and dissolution — drafted around how your entity actually operates.
IRA LLC Operating Agreements
Specialized operating agreements written specifically for Self-Directed IRA LLCs. Custodian-accepted, IRS-compliant, and structured to preserve checkbook control without crossing prohibited transaction rules.
Every LLC Needs an Operating Agreement
New LLCs
Most states don’t require one, but every bank will ask for it. Start right.
Existing LLCs Without One
If you formed an LLC and skipped this step, it’s not too late.
LLCs With Changing Ownership
Adding or removing members requires an updated agreement.
New LLCs
Most states don’t require one, but every bank will ask for it. Start right.
Existing LLCs Without One
If you formed an LLC and skipped this step, it’s not too late.
LLCs With Changing Ownership
Adding or removing members requires an updated agreement.
Operating Agreement Questions
Most states don’t legally require one, but banks, custodians, and courts will. Operating without one leaves your entity exposed and your liability protection weaker.
You can — but generic templates often miss the specific language banks and custodians require, especially for investment LLCs or IRA-owned entities. That’s how accounts get rejected.
Your LLC defaults to your state’s generic statutes, which may not reflect how you actually want to run things. It also weakens the corporate veil that protects your personal assets.
It must include checkbook control provisions, IRA compliance language, prohibited transaction references, and structure that custodians will accept. Standard templates won’t meet these requirements.
Any time members are added, removed, or ownership percentages shift, your operating agreement should be updated to reflect the new arrangement.
Yes — virtually every bank will ask for it when opening a business or investment account for an LLC, especially for multi-member or IRA-owned entities.
Don't Leave Your Entity Without One
We prepare operating agreements that reflect your actual structure — not a one-size-fits-all template.