Wyoming Multiple Member LLC Operating Agreement

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Wyoming Multiple Member LLC Operating Agreement Powered By Docstoc
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                             This Limited Liability Company (LLC) Operating Agreement outlines the operating
                             procedures and policies of an LLC with multiple members. An LLC is a flexible business
                             entity that combines the benefits of corporations and partnerships, and the operating
                             agreement defines the members' rights, powers and entitlements. The agreement contains
                             information regarding the members' capital contributions, the registered agent, and the
                             LLC's purpose. This operating agreement contains many of the standard provisions
                             commonly included in LLC operating agreements, and it may be customized to fit the
                             specific needs of the members forming the LLC. This document should be used when
                             forming an LLC located in Wyoming with multiple members.
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                                  OPERATING AGREEMENT

    OF ________________________ [INSTRUCTION: INSERT THE NAME OF
                               COMPANY],

                          LIMITED LIABILITY COMPANY

                                      STATE OF Wyoming

This Limited Liability Company Operating Agreement (the “Agreement”) of
_________________________________________ [Instruction: Insert the name of company]
a Wyoming limited liability company (the “Company”) is entered into as of the _____ [Month]
_____ [Date], 20_____ [Year] by and between:

First Member

________________________________ [Instruction: Insert the name of member], residing at
______________________________________ [Instruction: Insert the address of member]
(the “Member”)

Second Member

________________________________ [Instruction: Insert the name of member], residing at
______________________________________ [Instruction: Insert the address of member]
(the “Member”)

Third Member

________________________________ [Instruction: Insert the name of member], residing at
______________________________________ [Instruction: Insert the address of member]
(the “Member”)

Fourth Member

________________________________ [Instruction: Insert the name of member], residing at
______________________________________ [Instruction: Insert the address of member]
(the “Member”)

[Instructions: Kindly add or delete above member sections as needed.]

In order to form a limited liability company pursuant to and in accordance with the Wyoming
Code, [STATUTE] (the “Act”), the Members hereby agrees as follows:

1. DEFINITIONS.

   a. “Articles of Organization” means the document filed with the Secretary of State
      required to form a limited liability company in State of Wyoming.




© Copyright 2013 Docstoc Inc. registered document proprietary, copy not         2
   b. “Fiscal Year” shall be from __________ through __________ [◊ Instruction: Insert the
      start and end dates of the fiscal year, e.g., January 1 through December 31] of each
      year until or unless changed by the Members.

   c. “Person” whether capitalized or not, means any individual, sole proprietorship, joint
      venture, partnership, corporation, company, firm, bank, association, cooperative, trust,
      estate, government, governmental agency, regulatory authority, or other entity of any
      nature.

2. ORGANIZATION.

   a. Company Name.

   The name of the limited liability company formed hereby shall be _____________________
   [I
				
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Description: This Limited Liability Company (LLC) Operating Agreement outlines the operating procedures and policies of an LLC with multiple members. An LLC is a flexible business entity that combines the benefits of corporations and partnerships, and the operating agreement defines the members' rights, powers and entitlements. The agreement contains information regarding the members' capital contributions, the registered agent, and the LLC's purpose. This operating agreement contains many of the standard provisions commonly included in LLC operating agreements, and it may be customized to fit the specific needs of the members forming the LLC. This document should be used when forming an LLC located in Wyoming with multiple members.
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