Single asset entity operating agreement?
1 Reply
Alex Olmo
Specialist from Orlando, FL
posted over 3 years ago
Jessica Zolotorofe
Attorney from Woodland Park, NJ
replied over 3 years ago
The simplicity of an operating agreement depends less upon the asset than it does upon how many people are involved. If you're the sole member, then it's pretty simple, you can google one. The purpose is really only for the bank to open accounts and if you're getting financing, but the content is less important. If there are multiple members you should probably get a lawyer to draft or at least perform a quick review.
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