Can an Operating Agreement be modified or revoked?
Yes. In Nevada, an operating agreement may be amended, modified, or revoked. Typically, the Operating Agreement itself will stipulate how the Operating Agreement will be amended, modified, or revoked. The drafting members of an LLC have broad discretion in determining the procedures for amending, modifying, or revoking an Operating Agreement.
Questions? Call the Secretary of State's Office at (775) 684-5708 option 9 or email support@nvsilverflume.gov.
This FAQ pertains to Nevada Digital Operating Agreement at www.nvsilverflume.gov/digitaloa.
