Minnesota Llc Operating Agreement Template

You can open the Minnesota LLC Operating Agreement Template in multiple formats, including PDF, Word, and Google Docs.


Sample

Minnesota LLC Operating Agreement Template

Printable | Editable Form




Minnesota LLC Operating Agreement Template (1)
Article I: Formation
This Limited Liability Company (LLC) is formed under the laws of the State of Minnesota, as of [Formation Date].
Article II: Name
The name of the LLC shall be [Name of LLC].
Article III: Purpose
The purpose of the LLC is to engage in any lawful activity permitted under Minnesota law.
Article IV: Principal Office
The principal office of the LLC is located at [Office Address].
Article V: Members
The initial members of the LLC are:
[Member Name 1], [Member Address 1], [Member Contribution 1]
[Member Name 2], [Member Address 2], [Member Contribution 2]
Article VI: Management
The LLC shall be managed by its members. Decisions shall be made by a majority vote of the members.
Article VII: Fiscal Year
The fiscal year of the LLC shall end on the 31st day of December of each year.
Article VIII: Indemnification
Members and managers shall be indemnified to the fullest extent allowed by Minnesota law for liabilities incurred while acting in the capacity of the LLC.
Article IX: Amendments
This Operating Agreement may be amended only by written agreement signed by all members.
Executed on [City], [Date].
Sincerely,
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]
Minnesota LLC Operating Agreement Template (2)
Article I: Formation
This Limited Liability Company (LLC) is hereby established under the laws of the State of Minnesota on [Formation Date].
Article II: Name
The LLC shall be known as [Name of LLC].
Article III: Purpose
The LLC is organized for the purpose of carrying on any lawful business in the State of Minnesota.
Article IV: Principal Office
The registered office of the LLC shall be located at [Office Address].
Article V: Members
The members of the LLC are:
[Member Name 1], [Member Address 1], [Member Contribution 1]
[Member Name 2], [Member Address 2], [Member Contribution 2]
Article VI: Management Structure
The LLC will be managed by its members, and all decisions will require a unanimous vote, unless otherwise agreed upon.
Article VII: Capital Contributions
Each member shall contribute capital as outlined in this agreement and additional contributions can be made as agreed by the members.
Article VIII: Distributions
Distributions of profits and losses shall be made to the members in proportion to their respective percentage interests in the LLC.
Article IX: Dissolution
The LLC may be dissolved upon unanimous consent of the members or other events as defined in this agreement.
Executed in [City], [Date].
Sincerely,
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]

Form

Please complete the form below to create the Minnesota LLC Operating Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Minnesota LLC Operating Agreement Template

1. LLC Information


2. Member Information





3. Purpose of the LLC

4. Management Structure

5. Allocation of Profits and Losses

6. Distributions

7. Meetings

8. Fiscal Matters

9. Indemnification

10. Amendments

11. Signatures and Acceptance




PDF


WORD

Printable

Minnesota LLC Operating Agreement Template

Printable | Editable Form




Minnesota Llc Operating Agreement Template