The New Mexico LLC operating agreement allows members to standardize rules and regulations regarding operations within the organization. While this document is not required by the state, it is recommended that those involved in the LLC take part. Drafting an agreement will provide clear and definitive guidelines concerning the duties and roles of each member. The operating agreement should then be reviewed by your lawyer, followed by the relevant parties each receiving a copy of the document. The template provided below is available in both MS Word and Adobe PDF formats.