No. You must do your homework and insist on using a reputable and useable LLC Operating Agreemnt form as a starting point for the Operating Agreement for your limited liability company.
The form structure, language and topics covered in a sample operating agreement (form) is very important because this agreement serves as a users manual for the managers and officers of a limited liability company. If you start off with a substandard or improper form, you are only asking for trouble.
I have looked at many form operating agreements available on the Internet and it is obvious that many of them were not drafted by a business attorney who actually practices in this area of business law. Some use way too much legalese as if they are trying to impress a customer. Legalese may sound like competency but it does little to help when the business people are trying to figure out how the provisions apply to their business.
Others have no order to the way the important LLC topics are addressed in the agreement. A well written operating agreement for a limited liability company should have proper articles and sections and each one should have an easy to understand heading. Again, this will help the users of the agreement to find the information they need when running the LLC business.
I have written a more detailed article on other essential requirements for an Operating Agreement for a Limited Liability Company at www.TheLLCExpert.com
The LLC Expert offers quality forms as a starting point or this is one area where retaining a qualified LLC attorney to prepare this document for your busines is well worth the costs.
