Commissions do not affect our editors' opinions or evaluations. An LLC operating agreement is a legal document that details the rules and regulations of a limited liability company (LLC ...

Buy-sell agreements might also be used by a limited liability company (LLC), conventional corporation ... resources that offer low-cost or free templates for drawing up a buy-sell agreement.

Morsa Images / Getty Images An LLC operating agreement is a legal agreement used by limited liability companies to detail the roles, responsibilities, ownership, distribution, and other ...

In Texas, an operating agreement isn’t required to form a limited liability company (LLC). However, business attorneys, accountants and advisors agree that no LLC should form without one.