Montana LLC Operating Agreement: What It Is and Why You Need One
Why it matters even for a single-member LLC
- Banks and processors like Stripe and PayPal often request it before opening an account, to verify who owns the company.
- It strengthens the liability shield by demonstrating the LLC is a genuinely separate, properly governed entity.
- It puts the rules in writing now, removing any ambiguity if you bring on partners later.
What a solid Montana operating agreement includes
- LLC name, formation date and principal office
- Member(s) and ownership percentages
- Capital contributions and how profits and losses are allocated
- The management structure (member-managed vs manager-managed)
- Voting rights and decision-making rules
- Procedures for adding members, transferring interests and dissolving
Single-member vs multi-member
A single-member agreement is brief, mostly confirming you own 100% and run the company. A multi-member agreement goes deeper on voting, contributions and exit terms. Bastion shapes the document to whichever structure applies to you.
Signing a Montana LLC operating agreement for a non-resident single-member company
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Get a ready-to-sign operating agreement built for your structure \u2014 included from $249 + $35 state fee
Frequently asked questions
- Does Montana require an operating agreement?
- No, Montana does not require you to file an operating agreement, but it is strongly recommended. Banks and payment processors often request it, and it protects your limited-liability status.
- Do I need an operating agreement for a single-member LLC?
- Yes. Even with a single owner, banks and processors such as Stripe often ask for one, and it strengthens your liability protection by showing the LLC is a separate entity.