Nebraska LLC Operating Agreement

The Nebraska LLC operating agreement consolidates all the policies that business owners and members agree to into a single contract accordingly. Once acknowledged, this agreement can preserve the rights and powers of the company’s managers and members.

Last updated December 6th, 2024

The Nebraska LLC operating agreement consolidates all the policies that business owners and members agree to into a single contract accordingly. Once acknowledged, this agreement can preserve the rights and powers of the company’s managers and members.

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Is it Required in Nebraska?

No. Although Nebraska recognizes and enforces properly executed verbal, recorded, and written operating agreements, LLCs are not obligated to develop one. (Nebraska Revised Statute 21-112)

By Type (2)

State Definition

“Operating agreement” is a record of an oral, recorded, written, or implied contract defining a company’s business and agreed to by its members, managers, and owners;

Nebraska Revised Statute 21-102