Operating Agreements
AI-generated LLC operating agreements, tailored to your structure.
Generate a custom LLC operating agreement in minutes, not weeks of expensive legal fees. Governance, distributions, and transfer restrictions tailored to your actual structure.
Trusted by Leading Organizations
What Happens to Your LLC Without a Proper Operating Agreement?
Without a custom operating agreement, your LLC defaults to state rules, and those defaults rarely match your intent. In most states, that means equal profit splits regardless of capital contribution, no transfer restrictions, and dissolution triggered by any member's departure. A $99 form download won't cover distribution waterfalls, capital call procedures, or drag-along rights. JR3's Drafting Agent generates operating agreements that match your actual business structure: member-managed or manager-managed, single-member or multi-member, with custom governance provisions that adapt to your state's LLC statute.
Governance
From LLC Formation to Signed Agreement in 3 Steps
Select your management structure, define member classes and ownership percentages, and JR3 delivers a complete operating agreement in minutes. Voting thresholds, distribution waterfalls, capital call procedures, transfer restrictions, dissolution triggers, and buyout mechanics — all generated from your specifications and validated against your configured rules for your formation state. No generic templates. No missing provisions.
Member-Managed
Equal voting rights with majority or unanimous consent thresholds
Manager-Managed
Designated managers with defined authority and member approval requirements
Distribution Waterfalls
Custom allocation and distribution priorities based on your capital structure
Transfer Restrictions
Right of first refusal, drag-along/tag-along, and permitted transfer carve-outs
State LLC compliance
Delaware, Wyoming, Nevada, California; each state has different default rules for LLCs. The Drafting Agent generates provisions based on your configured rules for your formation state and overrides defaults where your agreement specifies different terms.
Multi-member structures
Handle complex ownership structures with different membership classes, preferred returns, capital contribution obligations, and voting rights per class. The agent structures these provisions correctly from the start.
Tax allocation provisions
Section 704(b) allocations, qualified income offset provisions, minimum gain chargebacks, and tax distribution provisions, generated correctly per your configured rules and your LLC's tax structure and elections.
Amendment & dissolution
Define amendment procedures, dissolution triggers, winding-up processes, and liquidation waterfalls. The Review Agent validates that these provisions are internally consistent and comply with your configured rules for your state.
Enterprise-grade security for your documents
Your confidential documents are processed in transit and never stored. Zero-retention architecture, SOC 2 Type II certified, GDPR compliant.
What Is JR3 and How Does It Help With Operating Agreements?
JR3 is an AI-centric document editing platform that drafts, reviews, and manages operating agreements and your full legal document portfolio. Its legal agents generate customized LLC agreements with proper member rights, distribution waterfalls, and governance structures — validated against your configured rules for your formation state. Many LLCs operate without a tailored operating agreement, leaving members exposed to state default rules that rarely fit their needs. JR3 ensures yours doesn't. One platform handles every document type your business needs, from NDAs to employment agreements.
Common questions
Can JR3 handle both single-member and multi-member LLCs?
Yes. Single-member operating agreements are streamlined with simplified governance. Multi-member agreements include full voting provisions, distribution waterfalls, transfer restrictions, and capital contribution schedules. The Drafting Agent adapts the structure based on your member count and ownership configuration.
Does JR3 generate Delaware-specific operating agreements?
Can I include custom distribution waterfalls?
How does JR3 handle tax provisions in operating agreements?
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Launch Your LLC With the Right Foundation
Book a 15-minute demo. We'll draft an operating agreement matched to your LLC structure, live. No commitment, no credit card.