Disclaimer
The following document provides a standard framework for the formation and operation of a limited liability company within the United States, specifically tailored for the state of Oklahoma. It is intended solely as an informational template and does not constitute legal, financial, or professional advice. Users should seek guidance from qualified legal professionals familiar with local laws and regulations to ensure compliance. The template is provided “as-is,” and we disclaim any liability for errors, omissions, or any consequences arising from its use or modification without professional review.
Please note: This is a sample LLC Operating Agreement template for Oklahoma, designed for illustrative purposes only. Actual provisions may differ based on specific arrangements and legal advice.
LLC Operating Agreement Sample – Oklahoma
Introduction:
This Operating Agreement (“Agreement”) governs the management and operation of the limited liability company (“LLC”) formed under the laws of the State of Oklahoma, including the rights and obligations of its members.
Members:
Member Name: John Doe
Address: 123 Main Street, Oklahoma City, OK 73102
Member Name: Jane Smith
Address: 456 Elm Street, Tulsa, OK 74104
Purpose:
The purpose of the LLC is to engage in lawful business activities within the State of Oklahoma, specifically in real estate investments and management.
Capital Contributions:
Members shall contribute capital as outlined in Schedule A. Additional contributions shall be made upon the unanimous agreement of members.
Management:
The LLC shall be managed by its members, with decisions made by majority vote unless otherwise specified herein.
Profit and Loss Distribution:
Profits and losses shall be allocated to members proportionally to their respective ownership interests as set forth in Schedule A.
Amendments:
This Agreement may be amended only with the written consent of all members.
Dissolution:
The LLC may be dissolved upon the unanimous agreement of members or as otherwise provided by law.
Oklahoma City, ______________________
John Doe (Member)
Jane Smith (Member)
