limited liability company operating agreement

limited liability company operating agreement
USA
limited liability company operating agreement. Also known as an LLC agreement, limited liability company agreement and an operating agreement. An agreement governing an LLC's workings. It is commonly viewed as a cross between corporate by-laws and stockholder agreements.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • limited liability company agreement — USA limited liability company operating agreement. Also known as an LLC agreement, limited liability company agreement and an operating agreement. An agreement governing an LLC s workings. It is commonly viewed as a cross between corporate by… …   Law dictionary

  • Limited liability company — This article is about a U.S. specific business entity form. For limited liability companies in the United Kingdom, see Limited company. For a general discussion of entities with limited liability, see Corporation …   Wikipedia

  • Limited liability company — Cet article concerne une forme d entité d entreprise spécifique aux États Unis. Pour les sociétés à responsabilité limitée en France, voir Société à responsabilité limitée. Une limited liability company (LLC) (français : Compagnie à… …   Wikipédia en Français

  • operating agreement — An agreement signed by the members (owners) of a limited liability company that structures the members financial rights and responsibilities, each member s percentage of ownership in the LLC and share of profits (or losses), the LLC s procedures… …   Law dictionary

  • Operating agreement — An operating agreement is an agreement among limited liability company ( LLC ) Members governing the LLC s business, and Member s financial and managerial rights and duties. Many states in the United States require an LLC to have an Operating… …   Wikipedia

  • LLC agreement — USA limited liability company operating agreement. Also known as an LLC agreement, limited liability company agreement and an operating agreement. An agreement governing an LLC s workings. It is commonly viewed as a cross between corporate by… …   Law dictionary

  • Limited partnership — A limited partnership is a form of partnership similar to a general partnership, except that in addition to one or more general partners (GPs), there are one or more limited partners (LPs).The GPs are, in all major respects, in the same legal… …   Wikipedia

  • United Kingdom company law — Beside the River Thames, the City of London is a global financial centre. Within the Square Mile, the London Stock Exchange lies at the heart of the United Kingdom s corporations. United Kingdom company law is the body of rules that concern… …   Wikipedia

  • European Company Statute — The Council Regulation on the Statute for a European Company of the European Union was adopted October 8 2001. [ Official Journal of the European Union L 294, 10 November 2001, pp. 1 21.] [ [http://europa.eu/eur lex/pri/en/oj/dat/2001/l 294/l… …   Wikipedia

  • European Company Regulation — Companies law Company  …   Wikipedia

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