While there are no defined criteria for the content of a business agreement, it usually covers issues such as: A capital distribution can be made by an LLC member who writes a check from the LLC bank account to LLC members individually. You can also use a digital bank transfer, bank transfer, or other means of transferring funds that creates a documented data set. A company agreement is a document used to organize the internal affairs of an LLC through the definition of operational rules and procedures. There is no legal requirement for the form in Nevada, but it is recommended that one of them be created and verified by the administrators and then signed by each member. A Nevada LLC is managed by managers, where only one or a few designated persons (called «managers») have the ability to bind the LLC in contracts and agreements. Sign in to DocuSign to receive our 30-day free trial. A company agreement does not need to be submitted to the state, like the articles of association, and it can be amended without amendments being formally filed. If you change the agreement, consider saving a copy of the previous version. Free standard operating agreements for most U.S. states are available from the Internet Legal Research Group….