Universal LLC Operating Agreement Template
Fill-in-the-Blank · State-Specific · Instant Download
What's Included
Comprehensive Universal Single-Member and Multi-Member LLC Operating Agreement template for estate planning and asset protection purposes. Drafted under the Uniform Limited Liability Company Act (ULLCA) framework adopted by most states. Covers LLC formation recitals, member capital contributions, profit and loss allocations, member voting rights, management structure (member-managed or manager-managed), transfer restriction and right of first refusal, charging order protection clause, succession on member death (estate planning integration), dissolution and liquidation provisions, and signature block. Includes optional spousal consent and estate transfer provisions. NOTE: File Articles of Organization in your state before using this agreement. Instant .docx download.
Who This Is For
- Real estate investors holding rental property
- Solo professionals creating a liability shield
- Investors holding intellectual property or securities
- Anyone forming a single-member LLC for asset protection
NOT Appropriate For
- Multi-member LLCs (use a multi-member agreement instead)
- LLCs taxed as S-corp or C-corp (need additional bylaws)
- Operating businesses with employees (consult counsel)
Legal Disclaimer
This template is for informational purposes only and does not constitute legal advice. No attorney-client relationship is formed by purchase. Consult a licensed Universal attorney for advice specific to your situation.
No subscription · Instant download