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Maryland Multi-Member LLC Operating Agreement

A Maryland multi-member LLC operating agreement is a document that establishes the procedures and policies of a company owned by multiple members. The agreement sets clear expectations around the company’s ownership and operation and reduces the possibility of a dispute between members. In addition, it can provide a layer of protection for members’ assets from any debts, obligations, or lawsuits the company might face. Every member should keep a copy of the agreement.

Maryland Multi-Member LLC Operating Agreement