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
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.