The Hawaii multi-member limited liability company operating agreement finalizes the policy decisions and membership structure attached to a specific company. Hawaii will consider a verbal contract valid, but these can be notoriously difficult to prove and are subject to hearsay after time has gone by. Therefore, a physical document bearing the signature of each Hawaii LLC member would be preferable in that it will state the rules of the company and the requirements needed to amend the original agreement.
Hawaii LLC owners should make sure they have completed a fair amount of research into their industry and the current laws before executing this paperwork. Hawaii will expect the company membership voting, distributions, and rules laid out in this agreement to be followed by each member.
Templates (5)
eForms.com Version
LLCUniversity.com Version
NorthwestRegisteredAgent.com Version
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