Questanda

Prepare an operating agreement for a florida llc with 2 members

Operating Agreement

Article I: Name and Purpose

  1. Name: [Name of LLC]
  2. Purpose: The purpose of this LLC is to conduct business and engage in lawful activities in the State of Florida.

Article II: Members

  1. Members: This LLC has two (2) members: a. Member 1: [Name of Member 1] b. Member 2: [Name of Member 2]
  2. Membership Interests: Each member owns an equal fifty percent (50%) interest in the LLC.

Article III: Management

  1. Management: The LLC shall be managed by the members.
  2. Decisions: All major decisions regarding the LLC shall be made by unanimous vote of the members.
  3. Day-to-Day Operations: Member 1 shall be responsible for the day-to-day operations of the LLC.

Article IV: Distributions

  1. Profit Sharing: Profits shall be distributed to the members in proportion to their membership interests.
  2. Losses: Losses shall be shared equally by the members.

Article V: Capital Contributions

  1. Initial Contributions: Each member shall contribute an initial investment of [Amount] to the LLC.
  2. Additional Contributions: Additional capital contributions may be made by the members as needed.

Article VI: Dissolution

  1. Dissolution: The LLC may be dissolved by a unanimous vote of the members.
  2. Distribution of Assets: Upon dissolution, the assets of the LLC shall be distributed to the members in proportion to their membership interests.

Article VII: Other Provisions

  1. Fiscal Year: The fiscal year of the LLC shall be the calendar year.
  2. Meetings: Regular meetings of the members shall be held at least annually.
  3. Modification: This Operating Agreement may be modified by a unanimous vote of the members.

Signatures

Member 1: Name: Signature: Date:

Member 2: Name: Signature: Date: