Date and Time
Thursday Mar 18, 2021
10:00 AM - 11:30 AM EDT
Thursday, March 18, 2021 from 10:00 AM to 11:30 AM EDT
Location
Online using Zoom
Fees/Admission
No Charge for this Event. To Register click on Website link below: https://merrimackvalley.score.org/event/do-you-need-operating-agreement-most-likely-you-doegister click on Website link below:
Contact Information
Georgina Noriega
Merrimack Valley SCORE
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Description
An often asked question is: If I am the only owner of my limited liability company, why do I need an operating agreement? In this workshop, you will learn the importance for a single member limited liability company (SMLLC) or a multiple member limited liability company (MMLLC) of having a written and signed Limited Liability Operating Agreement. As approximately 70% of New Hampshire Limited Liability companies are a SMLLC, the focus will be on LLCs with one member. However, the importance of LLCs with more than one member will be discussed. We will also review the mandatory and discretionary provisions in an operating agreement under the New Hampshire statute. This material will be presented by Carole A. Mansur, Esquire of Parnell, Michels & McKay, PLLC. We'll also provide a brief overview of the different types of business structures and the tax implications of each.
