Site: nolo.com
... However, the company's operating agreement can specify what duties are placed on management, which can ... Depending on the terms of the operating agreement, you might need a unanimous vote before the LLC can ... Operating Agreement for Member-Managed LLCs
In a member-managed LLC, your operating agreement would include ... If you fail to create your own operating agreement, then your state’s LLC rules will apply. ... In addition to the provisions mentioned above for a member-managed LLC operating agreement, your agreement ...