North Dakota LLC Operating Agreement Template

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A North Dakota LLC operating agreement is a legally binding document that governs the internal processes of a limited liability company and defines its members rights and responsibilities. The completed contract will relay the company’s operations, including its rules and regulations, financial and ownership structure, and business purpose. Although state law doesn’t require companies to create operating agreements, they are extremely important in protecting the members from liability and internal disagreements.

Contents

Types (2)

Single-Member LLC Operating AgreementEstablishes the rules and regulations for an LLC that has one (1) sole member/owner.

Multi-Member LLC Operating Agreement Establishes the rules and regulations for an LLC that has more than one (1) member.

Laws

How to File (5 Steps)

Step 1 – Select Business Name

To create an LLC in North Dakota, the company must select a business name that is not already registered in the state. To verify if a name is already in use, it can be entered into the “Search by name or system ID” field on the Business Search webpage to search for any matches. If an exact match of the name is already taken, another one will need to be tried.

Companies have the option of reserving a name for twelve (12) months by filing a Reserved Name Application with the North Dakota Secretary of State for a $10 fee.

Step 2 – Select Registered Agent

State law requires that companies appoint a Registered Agent to receive legal process on their behalf once the LLC has been created. The agent must be one of the following:

Step 3 – File Articles of Organization

LLCs must be registered with the Secretary of State. The exact forms that a company will need to file to create an LLC will depend on the type and nature of the business.

Domestic LLCs

New companies forming in North Dakota will be required to complete and file the Articles of Organization with the Secretary of State and pay the $135 filing fee.

Foreign LLCs

If the company is already registered as an LLC in another state, they will need to file the Certificate of Authority Application and a Certificate of Existence (or other equivalent document) that was issued by their state within ninety (90) days of the application filing date. The filing fee is $135.

Other LLCs

File Online

The Articles of Organization or Certificate of Authority Application must be filed online by carrying out the following:

  1. Navigate to the FirstStop business forms webpage.
  2. Click the appropriate link:
  3. Click File Online.
  4. Log in, or register by clicking Business Account (see image below).
  5. Follow the prompts to complete the registration form.
  6. Pay the $135 filing fee

Step 4 – Create Operating Agreement (Optional)

Although it isn’t legally required, creating an operating agreement for a newly founded LLC will be essential in laying out the legal and financial framework of the company, including its ownership, management, rules, and regulations.

Step 5 – File Annual Report

In North Dakota, LLCs are required to file an annual report on November 15th of each year. The first report is due the year after the LLC is created.

The report must be filed on the FirstStop business portal along with payment of a $50 filing fee.

Resources

Filing Options: Online

Costs:

Forms:

Links: