The Latest Insights in Law, Business, Policy, and More
Woods Fuller offers timely insights into the legal and business issues affecting South Dakota and the upper Midwest. Our attorneys share practical perspectives on corporate law, estate planning, employment, litigation, and other key areas to help clients stay informed and make confident decisions. Each insight is designed to clarify complex topics and provide useful guidance for navigating today’s evolving legal landscape.
The Role of Operating Agreements: An Essential Document for Every LLC
Starting a business is exciting, but protecting it is just as important. One often-overlooked safeguard is the operating agreement — your company’s legal playbook. It sets the rules for decision-making, ownership changes, and daily operations, helping to prevent disputes and protect members from personal liability. Whether you’re launching a multi-member LLC or running a single-member company, an operating agreement is key to long-term success.