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Alabama Multi Member LLC Operating Agreement

Alabama Multi Member LLC Operating Agreement

An Alabama multi-member operating agreement is mainly intended for an LLC with more than one (1) owner, known as a member, in order to create a contract that states the main functions and ownership details. Under § 10A-5A-1.02(k), the State does not require that an agreement is necessary for all LLCs but that anything written, oral, or implied, along with any amendments will be considered legally binding.

Alabama Multi-Member LLC Operating Agreement
Alabama Multi-Member LLC Operating Agreement