Ohio LLC Operating Agreement Template

Document Preview

An Ohio LLC operating agreement is a contract between the members of a limited liability company (LLC) that establishes how the company will be run financially and operationally. The completed document will lay out the rules and regulations of the LLCs, including a list of the members and their share of interest in the company, how the LLC will be taxed, when and how distribution payments will be made, voting rights, and the scheduling of annual meetings. The agreement is an internal document, and is neither required by law nor filed with the state.

Contents

Types (2)

Single-Member LLC Operating Agreement – An operating agreement for LLCs that have only one (1) member.

Multi-Member LLC Operating Agreement – Allows LLCs with two (2) or more members to enter into a binding agreement that relays the ownership, financial framework, and operations of the company.

Laws

How to File (4 Steps)

Step 1 – Select a Business Name

All companies are required to register a unique name when they found an LLC. To ascertain whether or not a name is currently registered in Ohio, enter it in the “Business Name” field of the Secretary of State Business Search webpage and click Search to see the results. If the same name is already in use, the process will need to be repeated until a unique name is found.

The company name can be reserved for one hundred eighty (180) days by filing a Name Reservation (Form 534b) with the Secretary of State (address below) or through the online business portal. The filing fee is $39.

Regular Filing (non expedite)
P.O. Box 670 Columbus
OH 43216

Step 2 – Appoint a Statutory Agent

LLCs are required to appoint a statutory agent to accept service of process on the company’s behalf. The agent must be an Ohio resident or an entity with a business address in the state. The agent will be required to sign an Acceptance of Appointment when the LLC applies for registration with the Secretary of State.

Step 3 – File Documents with Secretary of State

Before an LLC can legally operate in the state, the company must complete and file Form 533A – Articles of Organization with the Secretary of State. If the company is already registered in another state and is expanding into Ohio, Form 533B – Registration of a Foreign LLC must be filed along with proof of authenticity from their domestic state.

File Online

Navigate to the Ohio Online Business Central and click Submit a Business Filing. On the next page, the user will be asked to log in or register a profile by clicking Click here to Create Profile. Once logged in, complete and submit the Articles of Organization/Registration of Foreign Organization and pay the $99 filing fee (via credit card).

File By Mail

To file by mail, the following form(s) must be downloaded and completed: