There is no legal obligation to draft an operating agreement in Wisconsin, though doing so will greatly benefit the internal organization of a newly formed LLC. This document, once implemented correctly, will provide legal documentation of the rules and regulations by which each member must abide. You will also be able to fine-tune any logistical or financial provisions not previously stated in the initial registration documents. A free agreement template, available for download in MS Word and PDF formats, can be found linked at the top of this page and on the image below.