When starting a business, it`s essential to have an LLC operating agreement. This document outlines the ownership, management, and operational procedures of a limited liability company. However, many business owners are unsure of where to file their LLC operating agreement.

First, it`s crucial to note that an LLC operating agreement is not required to be filed with the state. Unlike articles of organization, which are required to be filed with the state when forming an LLC, the operating agreement is an internal document that governs the LLC`s management and operations. Therefore, it`s best to keep a copy of the agreement with all other important business documents.

The only time an operating agreement needs to be filed with the state is when there are changes to the LLC`s ownership or management structure. This typically occurs when a member leaves or a new member joins the LLC. In these cases, the changes must be filed with the state, and the updated operating agreement must be included.

It`s also essential to keep a copy of the operating agreement readily available in case of legal disputes or audits. The agreement can serve as evidence of the LLC`s ownership, management, and operating procedures in case of any legal issues.

In summary, an LLC operating agreement does not need to be filed with the state when starting a business. It is an internal document that outlines the LLC`s management and operations. It should be kept with all other important business documents and updated and filed with the state only when necessary. Having a readily available copy of the operating agreement can also be useful in case of legal disputes or audits.