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Colorado Multi-Member LLC Operating Agreement

A Colorado multi-member LLC operating agreement establishes the standard operating procedures and ownership structure of a limited liability corporation owned by two (2) or more members. The agreement outlines the management and day-to-day activities of the business. It includes such details as:

  • The purpose of the business;
  • How company decisions get made;
  • How membership interest gets transferred;
  • How the company will be wound up if it comes to that;
  • and more.

Each signatory should retain a copy of the agreement, which should be signed in the presence of a notary public.

Colorado Multi-Member LLC Operating Agreement