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Montana Multi-Member LLC Operating Agreement

Montana multi-member LLC operating agreement is an agreement between multiple owners of a limited liability corporation. Members can be either individuals or corporations that own interests in the corporation. The operating agreement clarifies matters around:

  • The company’s purpose;
  • Who will own which interests;
  • How those interests can be transferred;
  • How salaries and expenses will be handled;
  • How accounting will be handled;
  • How the company will be dissolved if it comes to that;
  • and more.

A signed copy of the operating agreement should be kept on file by each of the members.

Montana Multi-Member LLC Operating Agreement