Partnership & LLCTexas

Free Texas Partnership and LLC Operating Agreement

Download a professional Texas LLC Operating Agreement template. Compliant with the Texas Business Organizations Code. Customizable for multi-member LLCs.

396 wordsUpdated August 8, 2026

Who is this template for?

New business owners forming a multi-member LLC in Texas who need to define ownership percentages and management roles.
Existing Texas partnerships transitioning into an LLC structure to limit personal liability.
Business partners requiring a formal dispute resolution and exit strategy framework.
Startups seeking a standardized legal foundation for capital contributions and profit distributions.

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1. FORMATION AND PARTIES

This Texas Limited Liability Company Operating Agreement (the "Agreement") is entered into as of [DATE] (the "Effective Date"), by and among the Members listed in Exhibit A (collectively, the "Members").

2. NAME AND OFFICE

The name of the Company is [LLC NAME], LLC (the "Company"). The principal office of the Company shall be located at [ADDRESS], Texas, 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 Texas Business Organizations Code (TBOC). The Company shall have a perpetual existence unless dissolved in accordance with this Agreement.

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Free Texas Partnership and LLC Operating Agreement Template | Download Now | TermScore