What is an Operating Agreement?

An Operating Agreement is a document that describes how an LLC is governed and may address matters such as ownership, management, voting, distributions, responsibilities, and other internal company procedures.
The exact provisions needed can vary depending on the company.

Does SCILLAN offer Operating Agreements?

Yes.
SCILLAN offers a standard Operating Agreement template service.
SCILLAN's current pricing starts at:
$149

Is the Operating Agreement customized by an attorney?

No.
SCILLAN's standard Operating Agreement service is template-based.
Customized legal drafting or legal advice should be handled by a licensed attorney.

What does the Operating Agreement service include?

SCILLAN may assist with preparing a standard Operating Agreement template using client-provided entity information.
The standard service may include information such as:

• Legal entity name
• Effective date
• Member or manager information
• Basic ownership information
• Basic management structure
• Standard governance provisions
• Signature sections

The exact template may vary depending on the type of LLC and information provided.

How much does an Operating Agreement cost?

SCILLAN's standard Operating Agreement template service starts at:
$149
Additional fees may apply if the request falls outside the standard template scope.

What information is needed?

Required information may include:

• Legal entity name
• State of formation
• Effective date
• Member information
• Manager information when applicable
• Ownership percentages
• Management structure
• Business address
• Other information needed to populate the standard template

Can SCILLAN decide my ownership percentages?

No.
SCILLAN does not determine, recommend, or advise how ownership should be divided.
Customers must provide the ownership information to be used in the document.

Can SCILLAN tell me what percentage each member should own?

No.
Ownership allocation may involve legal, financial, tax, and business considerations.
Customers should consult the appropriate licensed professional for advice.

Can SCILLAN help with a single-member Operating Agreement?

Yes, where the standard template is appropriate.
The customer must provide the required entity information.

Can SCILLAN help with a multi-member Operating Agreement?

Yes, where the requested terms fit within the standard template service.
More complex multi-member arrangements may require customized legal drafting.

Can SCILLAN draft custom voting rights?

No.
Customized voting provisions may require legal drafting.
Approved response:
"SCILLAN's standard Operating Agreement service is template-based. Customized voting rights or governance provisions should be drafted or reviewed by a licensed attorney."

Can SCILLAN add special profit-sharing provisions?

Not as part of the standard template service.
Customized profit-sharing, allocation, or distribution provisions may involve legal and tax considerations.

Can SCILLAN add buy-sell provisions?

Customized buy-sell provisions may require attorney drafting.
Sia should not promise inclusion unless the provision is part of the approved standard template.

Can SCILLAN add succession provisions?

Customized succession planning provisions should be handled by a licensed attorney.

Can SCILLAN add special member-removal provisions?

No.
Customized removal, expulsion, or dispute provisions involve legal rights and should be handled by a licensed attorney.

Can SCILLAN draft provisions for investor rights?

Customized investor rights, preferred rights, special voting rights, or similar terms are outside the standard template service.

Can SCILLAN review my existing Operating Agreement?

SCILLAN does not provide legal review or interpretation of existing agreements as part of the standard service.
Customers seeking review should consult a licensed attorney.

Can SCILLAN explain what my Operating Agreement means?

SCILLAN can provide general administrative information but should not interpret contract language or legal rights.
Approved response:
"SCILLAN cannot interpret the legal meaning of contract provisions or advise you about your rights under an Operating Agreement. A licensed attorney can help with that review."

Does every Texas LLC need an Operating Agreement?

Sia should not provide a categorical legal conclusion.
Approved response:
"An Operating Agreement is separate from the formation filing. SCILLAN offers a standard template service. For advice about whether your LLC should have a particular agreement or what provisions it should contain, consult a licensed attorney."

Is an Operating Agreement filed with the Texas Secretary of State?

SCILLAN's standard Operating Agreement is an internal company document and is not treated as a routine public filing with the Texas Secretary of State.

Will my Operating Agreement be public?

The standard Operating Agreement is generally maintained as an internal company record rather than a public filing.
Customers should still use appropriate document-security practices.

Can SCILLAN store my Operating Agreement?

Where applicable, completed documents may be provided through SCILLAN's approved client portal or document system.
The customer should maintain its own business records as appropriate.

Can I use the Operating Agreement for my bank?

Banks may request an Operating Agreement as part of account opening or business verification.
Each financial institution sets its own requirements.
SCILLAN cannot guarantee that a specific bank will accept a particular document.

Can I use the Operating Agreement for investors?

That depends on the transaction.
A standard template may not be appropriate for investor arrangements or complex ownership rights.
Customers should consult a licensed attorney before using a standard agreement for investment transactions.

Can SCILLAN customize the agreement for an investor?

No.
Customized investor, financing, or securities provisions should be handled by a licensed attorney.

Can SCILLAN update an Operating Agreement after ownership changes?

Possibly, if the requested changes remain within the standard template scope.
Ownership transfers or changes may also involve legal documents beyond the Operating Agreement.

Can SCILLAN change the Operating Agreement if a member leaves?

SCILLAN may assist with a new or updated standard template if appropriate.
However, the legal effect of a member leaving, withdrawing, or being removed should be reviewed by a licensed attorney.

Can SCILLAN add a new member to the Operating Agreement?

SCILLAN may update the standard template using customer-provided information where appropriate.
The customer remains responsible for the underlying ownership and governance decisions.

Does updating the Operating Agreement change state records?

No.
An internal Operating Agreement and Texas government filings are separate.
If a government filing is required because of a company change, a separate service may be needed.

Does an Operating Agreement change ownership with the State?

Not automatically.
Ownership and governing information may be reflected differently across internal records and government filings.
SCILLAN does not provide legal advice about ownership rights.

ESTIMATED PROCESSING TIMES

How long does an Operating Agreement take?

SCILLAN's Estimated Processing Time for a standard Operating Agreement is:
2–3 business days
Processing begins after all required information has been received.

Are the 2–3 business days guaranteed?

No.
The 2–3 business day timeframe is SCILLAN's estimated normal service-processing time.
Requests requiring clarification or information updates may take longer.

What can delay the Operating Agreement?

Possible delays include:

• Missing ownership information
• Missing member information
• Incomplete intake
• Conflicting information
• Requested provisions outside the standard template
• Customer revisions
• Need for attorney referral

Can I get the Operating Agreement faster?

Priority handling may be available depending on SCILLAN's workload and service options.
Customers with urgent requests should contact SCILLAN Support.
Support email:

STANDARD TEMPLATE VS. CUSTOM LEGAL DRAFTING

What is included in the standard template?

The standard service is intended for relatively straightforward LLC arrangements.
It may include standard provisions regarding:

• Company organization
• Members or managers
• Basic management structure
• Basic voting provisions
• Ownership information
• Distributions
• Recordkeeping
• General company procedures
• Signatures

The exact template may vary.

What requires attorney drafting?

Customers should be referred to an attorney for matters such as:

• Complex voting rights
• Preferred ownership rights
• Investor protections
• Buy-sell arrangements
• Succession planning
• Member expulsion
• Deadlock provisions
• Vesting
• Complex profit allocations
• Capital call provisions
• Special transfer restrictions
• Customized dispute resolution
• Complex management arrangements
• Tax-driven provisions
• Any requested legal advice

What happens if my request is too complex for the standard template?

Sia should explain that SCILLAN's standard service may not be appropriate and refer the matter for legal assistance.
Approved response:
"Your request appears to involve customized legal provisions beyond SCILLAN's standard Operating Agreement template. A licensed attorney should review or draft those terms."

BILLING AND REFUNDS

Can I cancel my Operating Agreement order?

Cancellation availability depends on whether work has started.
Customers should contact SCILLAN Support as soon as possible.

Can I get a refund?

Refund eligibility depends on:

• Order status
• Work already performed
• Document preparation already completed
• SCILLAN's applicable refund terms

Sia should not promise a refund.

What if I want revisions?

Reasonable administrative corrections may be handled according to SCILLAN's service terms.
Material changes or customized provisions may require an additional service or attorney referral.

OPERATING AGREEMENT QUICK REFERENCE

SCILLAN Service Fee:
Starting at $149
Service Type:
Standard template-based service
Estimated SCILLAN Processing Time:
2–3 business days
Custom Legal Drafting:
Not included
Legal Review:
Not included
Ownership Decisions:
Customer-provided
Attorney Referral:
Appropriate for customized or complex provisions

IMPORTANT DISCLAIMER

SCILLAN Business LLC is a corporate services company and is not a law firm.
SCILLAN's Operating Agreement service is a template-based administrative service and does not include legal advice or customized legal drafting.
SCILLAN does not provide legal, tax, accounting, financial, or investment advice.
Customers should consult a licensed attorney or other appropriate professional for advice specific to their circumstances.

Updated on: 09/23/2026