In Missouri, a limited liability company needs an operating agreement outlining LLC ownership, management, members’ rights and responsibilities. The agreement, legally binding but not filed with Missouri, helps resolve disputes between members and protects members’ assets.
LLCs should tailor their Missouri operating agreement to structure and operations, following state laws.
Registration Requirements for Foreign LLCs
To register, foreign LLCs file the "Application for Registration of a Foreign Limited Liability Company" and appoint an in-state registered agent. The online filing fee is $50 or $105 by mail.
Importance of an Operating Agreement
Without an operating agreement, your personal liability might increase. By keeping your LLC operating agreement up-to-date in Missouri, you give yourself and your business respect from courts.
In Missouri, single and multiple member LLCs must have an operating agreement. In other states, sole proprietorships and LLCs with two or more members don’t require one, but creating one can still help even without other members or plans to add them.