Build a solid foundation for your California-based multi-member LLC with this attorney-drafted, member-managed operating agreement, specifically designed to comply with the California Revised Uniform Limited Liability Company Act (RULLCA).
This template outlines clear roles, responsibilities, and protections for multiple members working collaboratively to manage the business. Whether you’re forming a new LLC or formalizing operations for an existing one, this document ensures your internal governance is legally sound and investor-ready.
LLC Operating Agreement (More than One Owner)
How to Use This Template:
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This Operating Agreement is for California limited liability companies with two or more members and member-managed structure.
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You must fill in all bracketed fields (e.g., [Company Name], [Effective Date], [Member Names], etc.).
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This template assumes the LLC will be taxed as a partnership.
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If your business has unique terms, investors, or special allocations, consult an attorney.
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Attach a signed Joinder Agreement and Spousal Consent for each new member (available separately if not included).
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This template is provided for general informational and educational purposes only and is not legal advice. Use of this document does not create an attorney-client relationship. Because laws and regulations may change or vary by specific circumstances, you should consult a licensed attorney before using this document to ensure it meets your specific needs and complies with current California law. Fish Legal Counsel is not responsible for any errors, omissions, or outcomes related to your use of this template.
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