The operating agreement of an LLC is an internal document, drafted by the initial organizers, that is used to organize the internal affairs of the company in question. Though these agreements are not legally required in the state of Washington and needn’t be drafted with the Secretary of State, they will often serve as the only conclusive evidence of the relationship each company official has with the entity. All financial and logistical affairs can be relayed in black and white and, once signed off on by each managing member, will help set the rules and regulations that each signatory must abide by. Review our free template found below, available in both MS Word format and Adobe PDF, and see if it would benefit you in drafting an operating agreement of your own.