In Missouri, a limited liability company needs an operating agreement. It defines ownership, management, members’ rights, and responsibilities. The state requires it to help resolve member disputes and protect members’ assets.
Customization and State Compliance
Customize Missouri operating agreements to tailor them to your operations and structure. It’s essential to follow state laws in the document.
Purpose and Benefits
The purpose of an operating agreement is to establish rules and guidelines for a business. Without an agreement, personal liability might increase. Having one in place protects your interests. It details operations, voting rights, and is normally 15-20 pages for internal reference only. While default LLC rules exist in Missouri, members can override provisions with their own written operating agreement.
Registering Foreign LLCs
Foreign LLCs must register with Missouri’s Secretary of State and appoint an in-state registered agent. To register, foreign LLCs file the "Application for Registration of a Foreign Limited Liability Company" with a filing fee of $50 online or $105 by mail.