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Delaware LLC Operating Agreements (LLC Resolution)

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  • 01-10-2006, 02:11 PM
    iLookForAssistance
    Delaware LLC Operating Agreements (LLC Resolution)
    I need Delaware LLC Operating Agreements (LLC Resolution) in order to open a bank account.

    Q1. What are good examples of LLC Operating Agreements?

    Q2. Do I need to or should I consult an attorney to create it? Again, I just need one in order to open a bank account for the time being.

    Note: I am the sole owner of the company.
  • 01-11-2006, 07:20 PM
    Mr. Knowitall
    LLC Operating Agreement
    You can probably get a boilerplate operating agreement form at an office supply shop. As a sole member LLC, you shouldn't have to worry too much about having a lawyer draft the form - presumably you will allow yourself to amend the operating agreement by "majority vote" (Is that "The 'ayes' have it," or would it be "The 'I's' have it"? :wink: )
  • 01-11-2006, 09:02 PM
    iLookForAssistance
    Re: LLC Operating Agreement
    Quote:

    Quoting Mr. Knowitall
    You can probably get a boilerplate operating agreement form at an office supply shop. As a sole member LLC, you shouldn't have to worry too much about having a lawyer draft the form - presumably you will allow yourself to amend the operating agreement by "majority vote" (Is that "The 'ayes' have it," or would it be "The 'I's' have it"? :wink: )

    One of concerns is this.

    Suppose that I create LLC Operating Agreements for the time being to open a bank account. There is a good chance that I'd like to have a more thorough LLC Operating Agreements later on, and if so, chances are I'll create one with an attorney. If I do that, is it going to be a problem?

    Also isn't there any free sample that I can use temporarily on the internet?
  • 01-12-2006, 01:11 AM
    Mr. Knowitall
    Re: LLC Operating Agreement
    Quote:

    Quoting iLookForAssistance
    There is a good chance that I'd like to have a more thorough LLC Operating Agreements later on, and if so, chances are I'll create one with an attorney. If I do that, is it going to be a problem?

    You can amend your operating agreement.

    Quote:

    Quoting iLookForAssistance
    Also isn't there any free sample that I can use temporarily on the internet?

    Probably, if you look hard enough; try Google.
  • 01-14-2006, 02:58 AM
    iLookForAssistance
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