[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-281921-105":53,"doc-detail-281921-en":127},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":120,"head_meta":122,"extra_data":124,"updated_unix":126},105,"en","limited-liability-company-operating-agreement","Limited Liability Company Operating Agreement","","Limited Liability Company Operating Agreement template for a member-managed LLC, defining formation, legal name, purpose, principal office, registered agent, term, and member admission rules. Establishes initial and additional capital contribution requirements, profit and loss allocation based on relative capital interest, and the timing and basis for distributions. Includes indemnification provisions for members, managers, employees, and agents, plus manager powers and duties under Oklahoma law, with references to U.S. Treasury tax regulations.",{"@graph":63,"@context":119},[64,80,102],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":41,"@type":70,"position":76},"https://docshare.wps.com/template/letters/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/limited-liability-company-operating-agreement/281921/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/limited-liability-company-operating-agreement/281921.png","ImageObject",442,249,{"name":88,"@type":89},"Aurelia","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-20","2026-09-16",true,{"@type":98,"interactionType":99,"userInteractionCount":101},"InteractionCounter",{"@type":100},"ViewAction",9,{"@type":103,"mainEntity":104},"FAQPage",[105,111,115],{"name":106,"@type":107,"acceptedAnswer":108},"What does the agreement cover regarding the LLC’s formation and legal requirements?","Question",{"text":109,"@type":110},"It states that the members form the LLC effective on the specified date under the Oklahoma Limited Liability Company Act, with documentation filed with the appropriate Oklahoma agency.","Answer",{"name":112,"@type":107,"acceptedAnswer":113},"How are profits, losses, and distributions allocated among members?",{"text":114,"@type":110},"Net profits or losses are allocated annually based on each member’s relative capital interest as set out in Schedule 2. Available funds are distributed annually or more frequently as determined by the members, generally considering positive capital account balances.",{"name":116,"@type":107,"acceptedAnswer":117},"What indemnification protections does the agreement provide?",{"text":118,"@type":110},"The company indemnifies individuals who are or were members, managers, employees, or agents against expenses, judgments, fines, and settlements, when they acted in good faith and in a way they reasonably believed to be in the best interest of the company.","https://schema.org",{"og:url":78,"og:type":121,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":123,"canonical":78},"index,follow",{"doc_id":125,"site_id":56},281921,1790368882,{"code":4,"msg":5,"data":128},{"doc_id":125,"user_id":129,"nickname":88,"user_avatar":130,"doc_module":9,"category_id":40,"category_name":41,"doc_title":59,"doc_description":61,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":101,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":15,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":140,"read_time":79},1099514068365,"https://ap-avatar.wpscdn.com/avatar/10000253d8d9f28188e?_k=1776742907772140068","LIMITED LIABILITY COMPANY OPERATING AGREEMENT   , LLC  \nA MemberManaged Limited Liability Company  \nOPERATING AGREEMENT  \nTHIS OPERATING AGREEMENT is made and entered into effective   , 20  , by and among:  \n__________________________________________________________________________  \n_________________________________________________________________________  \n[list the full legal names of the LLC members](collectively referred to in this agreement as the\"Members\") .  \nSECTION 1  \nTHE LIMITED LIABILITY COMPANY  \n1.1 Formation. Effective   , 20  , the Members form a limited liability company under the name   , L. L.C. (the \"Company\") on the terms and conditions in this Operating Agreement (the\"Agreement\") and pursuant to the Limited Liability Company Act of the State of Oklahoma (the \"Act\") . The Members agree to file with the appropriate agency within the State of Oklahoma charged with processing and maintaining such records all documentation required for the formation of the Company. The rights and obligations of the parties are as provided in the Act except as otherwise expressly provided in this Agreement.  \n1.2 Name. The business of the Company will be conducted under the name    , L. L.C. , or such other name upon which the Members may unanimously may agree.  \n1.3 Purpose. The purpose of the Company is to engage in any lawful act or activity for which a Limited Liability Company may be formed within the State of Oklahoma.  \n1.4 Office. The Company will maintain its principal business office within the State of Oklahoma at the following address:  \n.  \n1.5 Registered Agent   is the Company's initial registered agent in the State of Oklahoma, and the registered office is  \n   .  \n1.6 Term. The term of the Company commences on   [date] and shall continue perpetually unless sooner terminated as provided in this Agreement.  \n1.7 Names and Addresses of Members . The Members' names and addresses are attached as Schedule 1 to this Agreement.  \n1.8 Admission of Additional Members. Except as otherwise expressly provided in this Agreement, no additional members may be admitted to the Company through issuance by the company of a new interest in the Company without the prior unanimous written consent of the Members.  \nSECTION 2  \nCAPITAL CONTRIBUTIONS  \n2.1 Initial Contributions. The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.  \n2.2 Additional Contributions. No Member shall be obligated to make any additional contribution to the Company's capital without the prior unanimous written consent of the Members.  \n2.3 No Interest on Capital Contributions . Members are not entitled to interest or other compensation for or on account of their capital contributions to the Company except to the extent, if any, expressly provided in this Agreement.  \nSECTION 3  \nALLOCATION OF PROFITSAND LOSSES; DISTRIBUTIONS  \n3.1 Profits/Losses. For financial accounting and tax purposes, the Company's net profits or net losses shall be determined on an annual basis and shall be allocated to the Members in proportion to each Member's relative capital interest in the Company as set forth in Schedule 2 as amended from time to time in accordance with U.S. Department of the Treasury Regulation 1.704-1.  \n3.2 Distributions. The Members shall determine and distribute available funds annually or atmore frequent intervals as they see fit. Available funds, as referred to herein, shall mean thenet cash of the Company available after appropriate provision for expenses and liabilities, as determined by the Managers. Distributions in liquidation of the Company or in liquidation of a Member's interest shall be made in accordance with the positive capital account balances pursuant to U.S. Department of the Treasury Regulation 1.704. 1(b)(2)(ii)(b)(2) . To the extent a Member shall have a negative capital account balance, there shall be a qualified income offset, as set forth in U.S. Department of the Treasury Reg","cbCaieJesRSU3vbK","https://ap.wps.com/l/cbCaieJesRSU3vbK","pdf",115996,"English","# Section 1: The Limited Liability Company\n## Formation\n## Name\n## Purpose\n## Office and Registered Agent\n## Term and Members\n# Section 2: Capital Contributions\n## Initial Contributions\n## Additional Contributions\n## No Interest on Capital Contributions\n# Section 3: Allocation of Profits and Losses; Distributions\n## Profits/Losses\n## Distributions\n## No Right to Demand Return of Capital\n# Section 4: Indemnification\n# Section 5: Powers and Duties of Managers","[{\"question\":\"What does the agreement cover regarding the LLC’s formation and legal requirements?\",\"answer\":\"It states that the members form the LLC effective on the specified date under the Oklahoma Limited Liability Company Act, with documentation filed with the appropriate Oklahoma agency.\"},{\"question\":\"How are profits, losses, and distributions allocated among members?\",\"answer\":\"Net profits or losses are allocated annually based on each member’s relative capital interest as set out in Schedule 2. Available funds are distributed annually or more frequently as determined by the members, generally considering positive capital account balances.\"},{\"question\":\"What indemnification protections does the agreement provide?\",\"answer\":\"The company indemnifies individuals who are or were members, managers, employees, or agents against expenses, judgments, fines, and settlements, when they acted in good faith and in a way they reasonably believed to be in the best interest of the company.\"}]","Limited Liability Company Operating Agreement | PDF",1789568997]