To form a series LLC ... An online legal service can help you create a custom LLC operating agreement. Illinois LLCs with employees have to meet additional obligations. Employers must do all ...

Illinois and Louisiana. Whether required or not, the primary purpose of having an operating agreement for individual owners is to establish the LLC as a separate company for liability protection.

Another member sought relief from the automatic stay in order to exercise a right to acquire the debtor’s membership interests pursuant to the LLC operating agreement. The debtor (Denman ...