Connecticut LLC Operating Agreement
An operating agreement is a legal document that lays out the rules and structure of your Connecticut LLC. Your operating agreement governs important aspects of your business, like voting rights, finances, management, and even—should it ever come to this—dissolution.
An operating agreement is an internal document, which means it isn’t filed with the state. However, it is no less important than state documents. That’s why we at Northwest offer a range of free, attorney-drafted Connecticut operating agreement templates, to help you create an operating agreement to suit the needs of your business.
Is an operating agreement required in Connecticut?
No, Connecticut LLCs are not required to have an operating agreement. That said, you’ll need an operating agreement for several important tasks, like opening a bank account and maintaining limited liability.
Do I have to file my operating agreement in Connecticut?
No. Your operating agreement is an internal document, which means you’ll keep it with your own business files.
Does a single-member LLC need an operating agreement?
Actually, yes. It may seem strange, but even a single-member LLC needs an operating agreement to open a business bank account and show that it’s maintaining limited liability.
*This is informational commentary, not advice. This information is intended strictly for informational purposes and does not constitute legal advice or a substitute for legal counsel. This information is not intended to create, nor does your receipt, viewing, or use of it constitute, an attorney-client relationship. More information is available in our Terms of Service.