Partnership & LLCTexas

Free Texas Partnership and LLC Operating Agreement

Download a professional Texas Partnership and LLC Operating Agreement template. Compliant with Texas Business Organizations Code. Fully customizable.

301 wordsUpdated August 11, 2026

Who is this template for?

Two or more business partners forming a new LLC in Texas to define ownership stakes and management duties.
Existing partners looking to formalize their verbal agreement into a legally binding document for tax and liability protection.
Small business owners seeking to establish clear dispute resolution and exit strategies under Texas law.
Partnerships transitioning into an LLC structure to limit personal liability while maintaining operational flexibility.

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1. PARTIES

This Texas Limited Liability Company Operating Agreement (the "Agreement") is entered into as of [DATE] (the "Effective Date"), by and among the following members: [MEMBER 1 NAME], residing at [ADDRESS], and [MEMBER 2 NAME], residing at [ADDRESS] (collectively referred to as the "Members").

2. FORMATION

The Members have formed a Limited Liability Company (the "Company") under the laws of the State of Texas by filing a Certificate of Formation with the Texas Secretary of State. The Company shall be governed by the Texas Business Organizations Code (TBOC).

3. NAME AND PRINCIPAL OFFICE

The name of the Company shall be [COMPANY NAME], LLC. The principal office of the Company shall be located at [OFFICE ADDRESS], or such other place as the Members may determine from time to time.

4. PURPOSE

The purpose of the Company is to engage in [BUSINESS DESCRIPTION] and any other lawful business activity for which a limited liability company may be organized under the laws of the State of Texas.

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