By: Renee Sealy When starting a Limited Liability Company (LLC) in Florida, an operating agreement is strongly recommended but not legally required under the Florida Revised Limited Liability Company Act under Chapter 605 of the 2025 Florida Statutes. What is an Operating Agreement? An operating agreement is a written document that essentially serves as the LLC’s Constitution, or governing document. An operating agreement prevents default statutory rules from applying and helps avoid disputes. The operating agreement should align with the Articles of Organization and reflect the specific needs of the business. Before drafting an operating agreement, members of an LLC…
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