As a business owner, setting up a Limited Liability Company (LLC) is one of the most important decisions you`ll make. One of the essential aspects of creating an LLC is drafting an LLC operating agreement. This document outlines the rights, responsibilities, and ownership structure of the company. But who exactly signs the LLC operating agreement?

Well, the answer isn`t as simple as you might think. The signing process can vary depending on the state where your LLC is located and the structure of your company. However, there are some general guidelines to follow.

First and foremost, all members or owners of the LLC should sign the operating agreement. This includes both those with a majority stake and those with a minority stake. All signatures indicate that all members have read and agree to the terms outlined in the operating agreement.

It`s important to note that in some states, an LLC may be formed with just one member. In that case, the single member would sign the operating agreement. However, if additional members are added down the line, they would also need to sign the agreement.

If your LLC is managed by a manager instead of the owners, the manager should sign the operating agreement as well. This ensures that the manager understands and agrees to the terms outlined in the document.

Once all members and the manager (if applicable) have signed the LLC operating agreement, it should be kept with the company`s records. This document serves as an important reference point for all parties involved in the business. It can also be referred to in case of a dispute or legal issue.

In summary, all members or owners of an LLC should sign the operating agreement. If the LLC is managed by a manager, they should also sign the agreement. It`s crucial to keep the signed agreement with the company`s records as a reference point and as a legal document in the event of any issues. By ensuring everyone signs the agreement, you can create a strong foundation for your LLC and avoid any potential conflicts.