Partnership & LLCMassachusetts

Free Massachusetts Partnership and LLC Operating Agreement

Download a professional Massachusetts LLC Operating Agreement template. Compliant with MA General Laws, fully customizable for your business entity.

376 wordsUpdated June 3, 2026

Who is this template for?

New business owners forming a multi-member LLC in Massachusetts.
Existing partners looking to formalize their internal governance and profit-sharing.
Small business owners requiring a legal framework to protect personal assets from business liabilities.
Startups seeking a clear dispute resolution and exit strategy mechanism.

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1. FORMATION AND PARTIES

This Operating Agreement (the "Agreement") is entered into as of [DATE] (the "Effective Date"), by and between [MEMBER 1 NAME] of [ADDRESS] and [MEMBER 2 NAME] of [ADDRESS] (collectively, the "Members").

2. NAME AND PRINCIPAL OFFICE

The name of the limited liability company is [LLC NAME] (the "Company"). The principal office of the Company shall be located at [ADDRESS], Massachusetts, or such other place as the Members may determine.

3. PURPOSE AND TERM

The purpose of the Company is to engage in [BUSINESS DESCRIPTION] and any other lawful business for which a limited liability company may be organized under the Massachusetts Limited Liability Company Act (the "Act"). The Company shall continue in existence until dissolved in accordance with this Agreement.

4. CAPITAL CONTRIBUTIONS

Each Member shall contribute the amount set forth in Exhibit A to the Company. No Member shall be required to make any additional capital contributions unless unanimously agreed upon in writing.

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