Updated November 13, 2020

An amendment to an LLC operating agreement is an internal, written document that identifies which sections of the original Limited Liability Company (LLC) Operating Agreement will be modified or removed, or new sections to be added.

Before creating the amendment, review the original operating agreement to assure that it can be amended by the owners, and if there is a time frame or limitation for creating an amendment. For example, the original LLC operating agreement might state that it:

Cannot be amended; or
Can only be amended by a unanimous vote of the owners; or
Can be amended by a majority (simple, 2/3rds, etc.) vote of the owners; or
Can only be amended after the first year (or other time frame) of operations; or
Can only be amended in the fourth operating quarter of each business year.
Any limits or procedural requirements to amending an LLC operating agreement must be followed for the amendment to be legally binding.