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2. Operating agreement - Wikipedia

   en.wikipedia.org/wiki/Operating_agreement

   LLCs operating without an operating agreement are governed by the state's default rules contained in the relevant statute and developed through state court decisions. An operating agreement is similar in function to corporate by-laws, or analogous to a partnership agreement in multi-member LLCs. In single-member LLC, an operating agreement is a ...

3. Articles of organization - Wikipedia

   en.wikipedia.org/wiki/Articles_of_Organization

   It is the Articles of Organization that establishes the power, rights, liabilities, duties, and other important obligations of LLC members. This document also establishes the obligations between LLC members. [2] Most secretaries of state provide fill-in-the-blank PDF templates to file with the state. Some people use the services of an attorney ...

4. Limited liability company - Wikipedia

   en.wikipedia.org/wiki/Limited_liability_company

   It sets forth member capital contributions, ownership percentages, and management structure. Like a prenuptial agreement, an operating agreement can avoid future disputes between members by addressing buy-out rights, valuation formulas, and transfer restrictions. The written LLC operating agreement should be signed by all of its members. [22]

5. File:Wikimedia LLC Operating Agreement - executed 2021-03-01 ...

   en.wikipedia.org/wiki/File:Wikimedia_LLC...

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6. Low-profit limited liability company - Wikipedia

   en.wikipedia.org/wiki/Low-profit_limited...

   The profits can be distributed to members similar to an LLC. This characteristic is a key defining feature between L3Cs and non-profits. [1] The default distribution is by the percentage of ownership; however, members can contract otherwise within the operating agreement on how profits are distributed.

7. Pelicans leading scorer Brandon Ingram out indefinitely with ...

   www.aol.com/sports/pelicans-leading-scorer...

   Ingram is the latest Pelicans star to be sidelined with injury, joining Zion Williamson, Dejounte Murray, CJ McCollum and Herb Jones.