Ohio Llc Operating Agreement Template

Disclaimer

The information provided is intended solely for general reference and illustration purposes related to establishing a limited liability company in Ohio. It does not constitute legal advice and should not be relied upon as a substitute for consulting a qualified attorney experienced in Ohio business law. Regulations and requirements may vary depending on the jurisdiction, and adjustments may be necessary to ensure compliance. Users assume all responsibility for applying this information correctly and are advised to seek professional legal assistance for specific needs.

Please note: This sample Ohio LLC Operating Agreement template is for illustrative purposes only. Actual documents should be tailored to specific circumstances and reviewed by legal professionals.

Ohio LLC Operating Agreement Sample

Parties Involved:

Member 1: Alice Johnson
Address: 789 Maple Street, Columbus, Ohio 43215

Member 2: Bob Williams
Address: 456 Oak Avenue, Cleveland, Ohio 44102

Company:

Name: Ohio Consulting LLC
Principal Office Address: 789 Maple Street, Columbus, Ohio 43215

Purpose:

The purpose of this LLC is to engage in lawful business activities in the State of Ohio, including but not limited to consulting services and related operations.

Membership & Contributions:

The Members shall contribute capital as follows:

• Alice Johnson: $50,000
• Bob Williams: $50,000

Management:

The LLC shall be managed by its Members unless a Manager is appointed by the Members in writing. Decisions shall require majority approval unless otherwise specified in this agreement.

Profits, Losses & Distributions:

Profits and losses shall be allocated in proportion to Members’ capital contributions. Distributions shall be made quarterly or as otherwise agreed.

Dissolution:

The LLC may be dissolved upon the consent of Members holding at least 75% of the membership interests, or as otherwise provided by law.

Columbus, Ohio, ______________________