South Carolina LLC Operating Agreement

The South Carolina LLC operating agreement compiles the regulations governing a company, including its management and power structure. LLCs with this paperwork are well-equipped to deal with stringent financial institutions and internal policy disputes.

Last updated December 6th, 2024

The South Carolina LLC operating agreement compiles the regulations governing a company, including its management and power structure. LLCs with this paperwork are well-equipped to deal with stringent financial institutions and internal policy disputes.

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Is it Required in South Carolina?

No. South Carolina LLCs are not obligated by state law to function under an operating agreement but it is important to note that it is considered a vital internal contract. (SC Code SECTION 33-44-103)

By Type (2)

State Definition

“Operating agreement is the LLC contract defining the membership structure and company policies that its owner, managers, members, and partners agree to follow;

SC Code SECTION 33-44-101