Skip to main content
← Back to Services
Document Preparation

Custom Operating Agreement

A state-compliant operating agreement tailored to your LLC. Defines ownership, management, profit distribution, and dissolution terms.

$99

one-time fee

Why Every LLC Needs an Operating Agreement

Without one, your LLC is governed by default state rules that may not match your intentions.

Protect Your LLC Status

Courts may "pierce the veil" of LLCs that lack proper governance documents. An operating agreement demonstrates that your LLC is a legitimate, separate entity.

Define Member Rights

Clearly document who owns what, how profits are split, and what happens when a member wants out. Prevents costly disputes down the road.

Bank & Investor Ready

Banks require an operating agreement to open a business account. Investors need to see governance structure before funding your company.

What's Included

  • State-compliant operating agreement template
  • Member-managed or manager-managed structure
  • Ownership percentages and capital contribution terms
  • Profit and loss distribution provisions
  • Voting rights and decision-making procedures
  • Transfer restrictions on membership interests
  • Dissolution and buyout terms
  • Delivered as editable document to your secure portal

Frequently Asked Questions

Is an operating agreement required?
It depends on the state. Louisiana requires an operating agreement. Mississippi and Alabama do not require one by law, but every LLC should have one. Without an operating agreement, your LLC is governed by default state rules — which may not reflect your intentions for ownership, management, or profit distribution. Banks and investors often require one before opening accounts or funding.
What does an operating agreement cover?
A comprehensive operating agreement covers: ownership percentages and capital contributions, management structure (member-managed vs. manager-managed), profit and loss distribution, voting rights and decision-making procedures, transfer restrictions on membership interests, dissolution and buyout terms, and dispute resolution procedures.
Can I modify the operating agreement later?
Yes. Operating agreements can be amended at any time with the consent of the members as specified in the agreement itself. Most agreements include an amendment provision that defines the vote or consent required. We can prepare amendments for an additional fee.
Is this legal advice?
No. GeauxFile is not a law firm and does not provide legal advice. We prepare a state-compliant operating agreement template based on the information you provide. For complex multi-member LLCs, businesses with outside investors, or specific legal questions, we recommend consulting a licensed attorney.
What information do I need to provide?
We need: (1) the LLC name and state of formation, (2) names and ownership percentages of all members, (3) whether the LLC will be member-managed or manager-managed, (4) profit distribution preferences, and (5) any specific provisions you want included. We walk you through each item during the process.
Do I need to file the operating agreement with the state?
No. Operating agreements are internal documents and are not filed with the Secretary of State. You should keep the original with your business records and provide copies to your bank, accountant, and any other parties that request it.

Protect your LLC with a proper operating agreement.

State-compliant, customized to your business. $99 one-time fee.

Get Your Operating Agreement — $99

GeauxFile provides document preparation services only and is not a law firm. We do not provide legal advice. For complex multi-member arrangements or specific legal questions, consult a licensed attorney.

Start Your Business