Every LLC should adopt an Operating Agreement to govern its operations. LegalZoom provides your LLC with a state-specific Operating Agreement that includes important provisions covering:

• Company Management
  Nominates company officers and selects the method for managing the LLC
• Company Record-Keeping and Formalities
  Clearly states that regular meetings of managers or members are NOT required
• Ownership and Profit Sharing
  Governs how profits are distributed to the members and provides the method for admitting new members into the LLC
• Withdrawal and Dissolution
  Provides a method for members to withdraw from the company and how the company may be dissolved