Nevada LLC Operating Agreement

Set out who owns your Nevada LLC, who manages it, and how profits are split — and download a print-ready PDF. Single-member or multi-member. Free, no signup. The preview updates as you type.

Reflects current Nevada rules · 2026 Official source linked Free PDF · no signup · nothing uploaded

Maintained by Rapi Stack · Every state-specific figure on this page is cited to its statute or official agency page · Dataset last verified 2026 · Not legal advice.

Nevada LLC act rules · as of 2026

Required by law?: No — but strongly recommended
Recognized form: "any valid agreement of the members as to the affairs of a limited-liability company and the conduct of its business, whether in any tangible or electronic format" — NRS 86.101. Nevada does not recognize oral or implied operating agreements; the agreement must exist in tangible or electronic form.
Governing act: Nevada Revised Statutes Chapter 86 — Limited-Liability Companies (no official short title)

Without an agreement: With no operating agreement provision, distributions "must be allocated proportionately to the value, as shown in the records of the company, of the contributions made by each member and not returned" — NRS 86.341. Source: Nev. Rev. Stat. § 86.101 (definition); § 86.286 (adoption optional) · verify ↗.

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Why your Nevada LLC needs this — even single-member

It overrides the default rules. Without an agreement, the Nevada Revised Statutes Chapter 86 — Limited-Liability Companies (no official short title) decides how profits are split and who can act for the company — not you.
It protects limited liability. A written agreement is core evidence that the LLC is a real, separate entity.
Banks and lenders ask for it. Opening a business account or getting a loan routinely requires it.

Nevada law

No — Nevada does not require an operating agreement (as of 2026): Not required. NRS 86.286(1): "A limited-liability company may, but is not required to, adopt an operating agreement." Adoption is by unanimous vote or unanimous written consent of the members (any tangible or electronic format) or by the sole member.. But without one, the default rules of the Nevada Revised Statutes Chapter 86 — Limited-Liability Companies (no official short title) decide ownership, management, and profit questions for you — which is why one is strongly recommended even for single-member LLCs. Source: Nev. Rev. Stat. § 86.101 (definition); § 86.286 (adoption optional). Check the current Nevada LLC rules before relying on any default.

Frequently asked questions

Is an operating agreement required in Nevada?

Does the operating agreement get filed with the state?

No. Unlike the formation certificate (articles of organization), the operating agreement is an internal document — you sign it, keep it with your records, and give each member a copy. Banks, lenders, and courts may ask to see it, but no Nevada agency records it.

Can the agreement be oral in Nevada?

Nevada's statute recognizes: "any valid agreement of the members as to the affairs of a limited-liability company and the conduct of its business, whether in any tangible or electronic format" — NRS 86.101. Nevada does not recognize oral or implied operating agreements; the agreement must exist in tangible or electronic form. (Nev. Rev. Stat. § 86.101 (definition); § 86.286 (adoption optional)). Even where oral or implied agreements count, put yours in writing — proving an oral term in a dispute between members is exactly the fight the document exists to prevent.

How does Nevada compare? See which states actually require an operating agreement, every claim cited to the state LLC act.

How Nevada compares

Computed from our 51-jurisdiction dataset (as of 2026). Source for Nevada: Nev. Rev. Stat. § 86.101 (definition); § 86.286 (adoption optional) ↗.

Nevada is one of 47 of 51 jurisdictions that leave the operating agreement optional (statutory default rules apply without one) (4 require an LLC to have an operating agreement).

The rest of what Nevada requires

The figures below are Nevada's, not national averages — each one is the value we verified for this state, with the statute it comes from. Follow a row to the full Nevada page for that document.

Security deposit cap · as of 2026: 3 months' rent Nev. Rev. Stat. §118A.242 ↗
Deposit return deadline · as of 2026: 30 days after move-out Nev. Rev. Stat. §118A.242 ↗
Notice to end a month-to-month tenancy · as of 2026: 30 days Nev. Rev. Stat. §118A.242 ↗
Notice for unpaid rent · as of 2026: 7 days to pay or quit NRS 40.2512, 40.2516, 40.251 ↗
Notice to cure a lease violation · as of 2026: 5 days NRS 40.2512, 40.2516, 40.251 ↗
Small claims limit · as of 2026: $10,000 Nev. Rev. Stat. ch. 73 (NRS 73.010) ↗
Where you file · as of 2026: Small Claims (in Justice Court) · filing fee Sliding scale by claim amount — Las Vegas Justice Court: $66 (up to $1,000), $86 ($1,000.01–$2,500), $106 ($2,500.01–$5,000), $146 ($5,000.01–$7,500), $196 ($7,500.01–$10,000); other townships vary slightly Nev. Rev. Stat. ch. 73 (NRS 73.010) ↗
Rental application fee · as of July 2026: No statutory limit Nevada Revised Statutes ↗
Bill of sale notarization · as of 2026: Not required Nevada DMV (Form VP-104) ↗
Power of attorney signing · as of 2026: Notarization required Nev. Rev. Stat. §162A.220 (form §162A.620) ↗
Recording a deed · as of 2026: County Recorder · no witnesses NRS 111.105 ↗

LLC operating agreement in other states

More Nevada legal forms

Different state? See LLC operating agreements by state →