Llc Operating Agreement Oklahoma Template

Disclaimer

The content provided is intended solely as a general example for informational purposes regarding the formation and operation of limited liability companies in Oklahoma. It does not constitute legal advice and should not be relied upon as a substitute for consulting a qualified attorney specializing in business law or corporate governance. Laws and regulations may vary depending on the jurisdiction, and adjustments may be necessary to ensure compliance with local requirements. The use of this example is the sole responsibility of the user, and we assume no liability for any errors, omissions, or consequences arising from its use without professional review.

This sample template provides a general outline for an LLC Operating Agreement in Oklahoma. Variations may be necessary to suit specific circumstances. Modify details accordingly.

LLC Operating Agreement Template – Oklahoma

Parties Involved:

Member 1: Robert Johnson
Address: 789 Pine Street, Oklahoma City, OK 73102

Member 2: Lisa Martinez
Address: 456 Oak Avenue, Tulsa, OK 74104

Formation of the LLC:

This Limited Liability Company (“Company”) was formed on __________________ by filing the Articles of Organization with the Oklahoma Secretary of State, in accordance with the Oklahoma Limited Liability Company Act.

Purpose:

The purpose of the Company is to engage in any lawful act or activity for which limited liability companies may be organized under the laws of the State of Oklahoma.

Management:

The Company shall be managed by its Members. Decisions shall be made by a majority vote unless otherwise specified herein.

Capital Contributions:

Members shall contribute capital as set forth in Schedule A attached hereto. Additional contributions shall be made as agreed upon by all Members.

Profits and Losses:

Profits and losses shall be allocated to Members in proportion to their capital contributions unless otherwise agreed.

Distributions:

Distributions of cash or other assets shall be made to Members at the times and in the amounts determined by the Members.

Dissolution:

The Company may be dissolved upon the occurrence of any event specified in this agreement or as required by law, with assets distributed to Members accordingly.

Miscellaneous Provisions:

• Amendments to this agreement require the written consent of all Members.
• Any disputes shall be settled through binding arbitration in Oklahoma City, Oklahoma.
• This agreement shall be governed by the laws of the State of Oklahoma.

Oklahoma City, ______________________