All limited liability companies would greatly benefit from the use of an operating agreement when attempting to clarify the organization of the entity’s internal affairs. This document is not legally obligatory in Oklahoma, and you needn’t file it with the Secretary of State once completed. Instead, you should have each applicable company official sign the agreement to indicate compliance to its terms and conditions. Each one should also file a copy for their own personal reference. By having each managing member sign, you will effectively be binding them to a certain set of rules and regulations thus properly organizing the manner in which you structure your business. As each member will be recognizing and acknowledging their role within the company, should there be confusion or a future legal dispute, this document will be able to serve as an invaluable point of reference. For more information regarding the contents of an operating agreement, feel free to click on the below window, or select the MS Word and Adobe PDF links, to download it onto your computer.