Mississippi LLC operating agreements combine the identities of a company’s members (especially managing members) with company policies into a single contract. Due to its importance, this is generally a signed contract but can be made verbally.
Mississippi LLC operating agreements combine the identities of a company’s members (especially managing members) with company policies into a single contract. Due to its importance, this is generally a signed contract but can be made verbally.
No. There are no Mississippi state laws that instruct or require the adoption of an operating agreement for an LLC to conduct its affairs or business in this state. (MS Code § 79-29-123).
“Operating agreement” is the contract (written, recorded, verbal) defining an LLC’s method of doing business and signed by all owners and members whether a sole-member or multi-member LLC;
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