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Home Q&A Forum What happens if I never created an Operating Agreement for my LLC?

Corporate

Operating Agreement

New York

Asked on Mar 29, 2021

What happens if I never created an Operating Agreement for my LLC?

I am being told I need an Operating Agreement for a new LLC I started in NY. I want to know what happens if I don't get one.

1 Attorney answer

Answer

Corporate

New York

Answered 1344 days ago

Jane C.

ContractsCounsel verified

Business Lawyer
Licensed in Connecticut, District of Columbia, New York
Free Consultation
View Jane C.
4.9 (102)
Member Since:
October 9, 2020

If you do not create an Operating Agreement, the default rules in your state will apply. Disclaimer - This information is provided for general informational purposes only. No information contained in this post should be construed as legal advice and does not establish an attorney-client relationship.

Use of the ContractsCounsel Q&A Forum does not create an attorney-client relationship between User and any Lawyer User. The Forum is not a substitute for legal advice from a lawyer but is intended to be educational and to help the user determine if legal services are necessary. The Forum, Content, and communications on the Forum do not constitute legal advice.
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