Maine LLC Operating Agreement
Generate a llc operating agreement tailored to Maine law. Our AI incorporates ME-specific statutory requirements, disclosure obligations, and legal standards into every document.
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Maine Legal Requirements
Key ME statutes and obligations that apply to your llc operating agreement.
Requirements
- Governed by the Maine Limited Liability Company Act (31 M.R.S. §1501 et seq.); operating agreement governs internal affairs
- Certificate of Formation filed with the Maine Secretary of State; $175 filing fee for domestic LLCs
- Annual report required by June 1 each year; $85 filing fee
Restrictions & Limits
- Maine does not recognize series LLCs — each separate business unit must form its own LLC
- Professional LLCs (attorneys, CPAs, physicians) must obtain approval from the applicable Maine licensing authority
- LLC name must include 'Limited Liability Company,' 'LLC,' or 'L.L.C.' and be distinguishable from other registered Maine entities
Official Statute References
Primary Maine statutes governing this document type.
Maine LLC Operating Agreement FAQ
Common questions about llc operating agreements under Maine law.
What are the annual compliance requirements for a Maine LLC?
Maine LLCs must file an Annual Report with the Secretary of State by June 1 each year. The fee is $85. The report confirms the LLC's registered agent and principal office address. Failure to file results in administrative dissolution after proper notice.
Does Maine require a written LLC operating agreement?
Maine law does not require a written operating agreement, but the Maine LLC Act allows the operating agreement to modify most default statutory rules. For multi-member LLCs, a written agreement is essential to establish custom profit-sharing, management, and exit provisions that override the statutory defaults.
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LLC Operating Agreement by State
Laws vary significantly by state. Find the right form for your location.
Disclaimer: LegalLawDocs.com provides self-help legal documents for informational purposes only. The documents and information on this site do not constitute legal advice and are not a substitute for consultation with a licensed attorney. Laws vary by state and change frequently — review your document with a qualified professional before relying on it.