Official Ohio LLC Operating Agreement:
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An LLC operating agreement acts as the blueprint for a business and contains detailed descriptions of member responsibilities, payment structures, and much more. Without an operating agreement, individuals in Ohio may be subject to liabilities, especially in instances of lost litigation.
Even though LLCs technically protect individuals from personal liability, courts may not recognize the individual’s separation from the business without an operating agreement.
Watch the video for more information, and head to the link above to get started on an official LLC operating agreement for Ohio.
Free Version:
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DISCLAIMER:
This video is strictly for educational purposes and is in no way intended to provide legal advice. We do not make any warranties about the completeness, reliability, and accuracy of this information. Any action you take upon the information on this video is strictly at your own risk, and we will not be liable for any losses and damages in connection with the use of our videos.
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0:00 Intro:
0:32 In This Video We'll Cover:
0:40 What Is An LLC:
1:14 What Is An Operating Agreement:
1:40 Why Do You Need An Operating Agreement:
2:16 What's Included In An Operating Agreement:
2:37 Important Matter To Clearly Outline In An Operating Agreement:
