An LLC operating agreement is a document that determines business and financial decisions and key member roles. Some states require operating agreements before approving an LLC’s formation.

In In re 301 W North Avenue, LLC, 2025 WL 37897 (Bankr. N.D. Ill. 2025), a bankruptcy court recently addressed provisions in a loan agreement and limited liability company (“LLC”) operating ...

How to Draft a BuyOut Agreement for an LLC Member. Forming a limited liability company with several members carries the risk that due to a change in circumstances for one of the members it may ...

Mill City Ventures' Chief Executive Officer Douglas M. Polinsky commented, "We are pleased to extend and revise the terms of our agreement with Mustang Funding.

Paisalo Digital shares over 7% after announcing a new co-lending agreement with SBI, aimed at improving SME credit access. The partnership enhances their collaboration, with a focus on digital ...

Soleno Therapeutics, Inc. has secured a loan and security agreement with Oxford Finance LLC for up to $200 million, aiming to enhance its financial standing for the anticipated commercial launch ...

SoFi Technologies, Inc. announced a $2 billion extension of its Loan Platform Business agreement for personal loans with funds managed by affiliates of Fortress Investment Group (“Fortress”).

The suit targets Freeline Organic Food USA and other defendants, to which the plaintiffs allege it extended a $2 million line of credit per loan agreement in April 2016, expiring in November 2021.

SoFi Technologies, Inc., a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced a $2 billion loan ...

Whether you compile the document yourself, use a template or hire an attorney, once each member signs the document, your LLC operating agreement is legally binding.