The Tennessee single-member limited liability company operating agreement demonstrates how a company will conduct business and how its membership is structured in writing. Members of Tennesee LLCs are allowed to make this agreement at any time but are encouraged to do so when first organizing the company. All members should review their membership powers and responsibilities carefully before signing it and each signature should, ideally, undergo the notarization process. Once the members have completed this process, each should be given a copy for their records and the original should be kept in the company’s files for easy access.
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