Standard Operating Agreements?

Answer A standard operating agreement, or operating agreement, is used with limited liability companies (LLCs). Such an agreement structures the way the LLC is set up and the way it operates.

Top Q&A For: Standard Operating Agreements

Do LLC's have bylaws or operating agreements?

The requirements for forming an LLC vary with each state but most states do not require bylaws or an operating agreement. However, they are essential since the agreement or bylaws set out the guide... Read More »

Standard LLC Agreements?

A Limited Liability Company (LLC) is a type of business structure that is similar to a corporation. Other benefits of having an LLC company are pass-through taxation and management flexibility. The... Read More »

Standard Sub Lease Agreements?

State statutory and common law make up the bulk of the rules for the rental of commercial and residential property, including subleases. This area of law is known as landlord-tenant law.

What is a Standard Operating Procedure?

A standard operating procedure (SOP) is the description of the steps to follow and decisions to make in a given situation. Standard operating procedures clearly outline the course of action to take... Read More »