Partnership & LLCNew York

Free New York Partnership and LLC Operating Agreement

Download a comprehensive New York LLC Operating Agreement template. Compliant with NY Limited Liability Company Law. Protect your business and partners today.

379 wordsUpdated July 3, 2026

Who is this template for?

New business owners forming a multi-member LLC in New York State.
Existing partners looking to formalize their internal governance and profit-sharing structure.
Startups requiring a robust legal framework to satisfy investor due diligence.
Small business owners needing to define member roles, voting rights, and dispute resolution procedures.

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1. FORMATION AND PARTIES

This Operating Agreement (the "Agreement") is entered into as of [DATE] (the "Effective Date") by and among [MEMBER A NAME] residing at [ADDRESS] and [MEMBER B NAME] residing at [ADDRESS] (collectively, the "Members").

2. NAME AND OFFICE

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

3. PURPOSE

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 New York Limited Liability Company Law.

4. TERM

The Company shall continue in existence until dissolved in accordance with the provisions of this Agreement or the New York Limited Liability Company Law.

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Free New York Partnership and LLC Operating Agreement Template | Download Now | TermScore