Texas Llc Operating Agreement Template

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Texas LLC Operating Agreement Template

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Texas LLC Operating Agreement Template (1)
Article I: Formation
This Limited Liability Company (“Company”) is formed pursuant to the Texas Limited Liability Company Act. The name of the Company is [LLC Name]. The principal office of the Company is located at [Company Address].
Article II: Purpose
The purpose of the Company is to engage in any lawful activity for which limited liability companies may be organized in the State of Texas.
Article III: Members
The initial members of the Company are:
[Name and Address of Member 1]
[Name and Address of Member 2].
Article IV: Management
This Company shall be managed by its members. Decisions shall be made by a majority vote of the members.
Article V: Capital Contributions
Each member shall make an initial capital contribution as follows:
[Specify contributions of each member].
Article VI: Distributions
Distributions of profits and losses shall be made to the members in proportion to their respective ownership percentages.
Article VII: Indemnification
The Company shall indemnify its members and managers to the fullest extent permitted by Texas law.
Article VIII: Amendment
This Operating Agreement may be amended only by a written agreement signed by all members.
Executed on [Date] in [City, Texas].
Sincerely,
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]
Texas LLC Operating Agreement Template (2)
Article I: Company Name and Principal Office
The name of the Company is [LLC Name]. The principal office shall be located at [Company Address].
Article II: Purpose of the LLC
The LLC is created for the purpose of engaging in any lawful act or activity permitted under the Texas Limited Liability Company Act.
Article III: Members and Ownership
The members of the LLC are as follows:
[Member 1: Name, Address, Ownership Percentage]
[Member 2: Name, Address, Ownership Percentage].
Article IV: Management Structure
The LLC shall be managed by its members unless a manager is appointed.
Management decisions shall require a [majority/unanimous] vote.
Article V: Contributions and Distributions
Members shall contribute the following initial capital:
[Member 1: Amount]
[Member 2: Amount]. Distributions shall occur as follows: [Specify method of distribution].
Article VI: Dissolution
The Company may be dissolved upon the consent of [specify percentage] of the members or as provided by law.
Article VII: Amendment Procedure
This Agreement may only be amended by a written agreement signed by [specify].
Signed in [City], [Date].
Sincerely,
[Signature of Member 1]
[Name of Member 1]
[Signature of Member 2]
[Name of Member 2]

Form

Please complete the form below to create the Texas LLC Operating Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Texas LLC Operating Agreement Template

1. LLC Information


2. Member Information


3. Purpose of the LLC

4. Management Structure

5. Capital Contributions

6. Profit and Loss Distribution

7. Meetings and Voting

8. Indemnification

9. Amendments

10. Signatures and Acceptance

11. Declaration and Signatures



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Texas LLC Operating Agreement Template

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Texas Llc Operating Agreement Template