Assertion: operating agreement | /r/HasProperty | document
Facets:
Source sentences:
text: The New York Division of Corporations notes that an operating agreement is a document that establishes the rights, powers, duties, liabilities, and obligations of all members of an LLC.﻿﻿
text: An LLC operating agreement is a document that customizes the terms of a limited liability company according to the specific needs of its owners.
text: The operating agreement is thus a document which spells out the terms of a limited liability company (LLC) according to the members.