A Maine LLC operating agreement must be executed by at least one company owner or member and the concerned company. This contract is a separate document from the LLC’s articles of formation but will contain (at a minimum) the same information regarding company structure and procedures.
A Maine LLC operating agreement must be executed by at least one company owner or member and the concerned company. This contract is a separate document from the LLC’s articles of formation but will contain (at a minimum) the same information regarding company structure and procedures.
Yes. Maine law mandates the adoption of an LLC operating agreement in order for sole-member or multi-member LLCs to conduct business in this state. (Maine Statute Title 31, §1531)
“Operating agreement,” or limited liability company agreement, is the required contract defining LLC owners, members, and company activities;