https://aaronhall.com/categories/business-formation/ Recent content in Business Formation on Aaron Hall, Attorney Hugo en Fri, 08 May 2026 22:08:52 -0500 https://aaronhall.com/mn-operating-agreement-essentials/ Sat, 25 Apr 2026 00:00:00 +0000 https://aaronhall.com/mn-operating-agreement-essentials/ <p>A Minnesota operating agreement is the rulebook for your LLC. If you do not write one, <a href="https://www.revisor.mn.gov/statutes/cite/322C">Minn. Stat. ch. 322C</a> writes one for you, and the statutory defaults rarely match what the founders actually intended. Equal partners by headcount, no automatic buyout when a member dies, court-ordered dissolution as a remedy for oppression: these are the rules that apply when an operating agreement is missing or silent. This guide walks through what every Minnesota LLC operating agreement should address, what the statute lets you override, and the few things it does not.</p>