Operating Agreement (Florida) (Member – Managed)
About This Document
This Operating Agreement governs the internal operations of a Member-Managed Limited Liability Company (LLC) formed under Florida law.
It defines the rights, responsibilities, and relationships among the LLC’s members, providing a critical framework for managing the business, allocating profits and losses, and handling membership changes.
Who Should Use This Template
Startup founders forming a Florida Member-Managed LLC
Small business owners where all members actively manage daily operations
Family businesses or partnerships preferring equal control among owners
LLCs seeking to document agreements clearly and professionally to avoid future disputes
What the Template Includes
Company formation details and purpose clauses
Management structure based on equal member participation
Guidelines for capital contributions, profit and loss allocations, and distributions
Procedures for member meetings, voting, and decision-making
Rules for assignments of membership interests, withdrawal, and expulsion
Detailed dissolution and winding up procedures
Provisions for amending the agreement and resolving disputes
Editable Word format for easy customization to your LLC’s needs
Instructions for Completing the Template
Fill in the LLC name, effective date, and principal place of business.
List the names and addresses of the initial members.
Customize the capital contributions section if members are contributing different amounts or types of assets.
Confirm that management and voting rights are appropriate (default: one vote per member).
Attach or create Exhibit A to list member ownership percentages.
Define the Registered Agent and Registered Office within Florida, and ensure proper filings.
Ensure that all members sign and date the agreement at the end.
Important Reminder
This document is provided as a template to assist with standard Florida LLC organizational needs.
It does not constitute legal advice. Always consult a qualified attorney to ensure that the Operating Agreement reflects your specific intentions and protects your legal interests, especially if your LLC has complex ownership or management arrangements.
About This Document
This Operating Agreement governs the internal operations of a Member-Managed Limited Liability Company (LLC) formed under Florida law.
It defines the rights, responsibilities, and relationships among the LLC’s members, providing a critical framework for managing the business, allocating profits and losses, and handling membership changes.
Who Should Use This Template
Startup founders forming a Florida Member-Managed LLC
Small business owners where all members actively manage daily operations
Family businesses or partnerships preferring equal control among owners
LLCs seeking to document agreements clearly and professionally to avoid future disputes
What the Template Includes
Company formation details and purpose clauses
Management structure based on equal member participation
Guidelines for capital contributions, profit and loss allocations, and distributions
Procedures for member meetings, voting, and decision-making
Rules for assignments of membership interests, withdrawal, and expulsion
Detailed dissolution and winding up procedures
Provisions for amending the agreement and resolving disputes
Editable Word format for easy customization to your LLC’s needs
Instructions for Completing the Template
Fill in the LLC name, effective date, and principal place of business.
List the names and addresses of the initial members.
Customize the capital contributions section if members are contributing different amounts or types of assets.
Confirm that management and voting rights are appropriate (default: one vote per member).
Attach or create Exhibit A to list member ownership percentages.
Define the Registered Agent and Registered Office within Florida, and ensure proper filings.
Ensure that all members sign and date the agreement at the end.
Important Reminder
This document is provided as a template to assist with standard Florida LLC organizational needs.
It does not constitute legal advice. Always consult a qualified attorney to ensure that the Operating Agreement reflects your specific intentions and protects your legal interests, especially if your LLC has complex ownership or management arrangements.
About This Document
This Operating Agreement governs the internal operations of a Member-Managed Limited Liability Company (LLC) formed under Florida law.
It defines the rights, responsibilities, and relationships among the LLC’s members, providing a critical framework for managing the business, allocating profits and losses, and handling membership changes.
Who Should Use This Template
Startup founders forming a Florida Member-Managed LLC
Small business owners where all members actively manage daily operations
Family businesses or partnerships preferring equal control among owners
LLCs seeking to document agreements clearly and professionally to avoid future disputes
What the Template Includes
Company formation details and purpose clauses
Management structure based on equal member participation
Guidelines for capital contributions, profit and loss allocations, and distributions
Procedures for member meetings, voting, and decision-making
Rules for assignments of membership interests, withdrawal, and expulsion
Detailed dissolution and winding up procedures
Provisions for amending the agreement and resolving disputes
Editable Word format for easy customization to your LLC’s needs
Instructions for Completing the Template
Fill in the LLC name, effective date, and principal place of business.
List the names and addresses of the initial members.
Customize the capital contributions section if members are contributing different amounts or types of assets.
Confirm that management and voting rights are appropriate (default: one vote per member).
Attach or create Exhibit A to list member ownership percentages.
Define the Registered Agent and Registered Office within Florida, and ensure proper filings.
Ensure that all members sign and date the agreement at the end.
Important Reminder
This document is provided as a template to assist with standard Florida LLC organizational needs.
It does not constitute legal advice. Always consult a qualified attorney to ensure that the Operating Agreement reflects your specific intentions and protects your legal interests, especially if your LLC has complex ownership or management arrangements.
