1. Home »
  2. Multi-Member

Arkansas Multi-Member LLC Operating Agreement

An Arkansas multi-member LLC operating agreement establishes the ownership structure and operating procedures of a company jointly owned by two (2) or more members. The document contains details about membership and transferring membership, powers and duties of members, and how the company will be dissolved, among other matters. Operating agreements provide clarity that can be useful in case of a dispute; they also shield the personal assets of business owners from liabilities incurred by the company. All signatories to the agreement should retain a copy of it.

Arkansas Multi-Member LLC Operating Agreement