Disclaimer
The information provided is intended solely as a general example related to the operational framework of limited liability companies in Colorado, United States. It does not constitute legal advice and should not be relied upon as a substitute for consulting a qualified attorney specializing in business law or related fields. Laws and regulations may vary depending on the jurisdiction, and adjustments may be required to ensure compliance with local requirements. The use of this example is the sole responsibility of the user, and we assume no liability for any errors, omissions, or consequences arising from its use without professional review.
Please note: This is a sample LLC Operating Agreement template specific to Colorado, for illustrative purposes only. Actual terms should be tailored to your specific circumstances and legal requirements.
Sample LLC Operating Agreement for Colorado
Introduction:
This Operating Agreement (“Agreement”) is made and entered into by and among the Members of the LLC named herein, pursuant to the Colorado Limited Liability Company Act. The purpose of this document is to set forth the ownership, management, and operational procedures of the LLC.
LLC Name and Principal Office:
The name of the LLC is XYZ Colorado LLC.
Principal Office: 1234 Colorado Avenue, Denver, CO 80202
Members:
Member A: Alice Johnson
Address: 5676 Maple Street, Denver, CO 80203
Member B: Bob Smith
Address: 789 Pine Road, Boulder, CO 80301
Capital Contributions:
Members shall contribute capital as agreed upon and detailed herein, which shall be documented in the LLC’s records.
Management:
The LLC shall be managed by its Members unless otherwise specified. Decisions shall require approval as outlined in this Agreement.
Profits and Losses:
Profits and losses shall be allocated among Members in proportion to their percentage interests, as set forth herein.
Dissolution:
The LLC may be dissolved upon the occurrence of specified events or by majority vote of Members, with procedures for winding up detailed herein.
Amendments:
This Agreement may be amended only with the written consent of Members holding a majority of the ownership interests.
Miscellaneous:
- The LLC shall maintain accurate records and books of account.
- This Agreement shall be governed by the laws of the State of Colorado.
- Any dispute arising hereunder shall be resolved in Colorado courts.
Denver, Colorado, ______________________
Alice Johnson (Member)
Bob Smith (Member)
