Suppose a crawfish farm and wholesale business in Louisiana, formed by a farmer, a buyer and a cousin with capital, with $100,000 of capital between them. Their Louisiana LLC operating agreement has to say what each of them owns, what they are paid out of a profit, and who has to agree before the company borrows, sells or takes a new member. Each of those is a figure, and the figures are worked from the contributions, the profit, the reserve and the thresholds the members choose. This page follows that company through its agreement's arithmetic and points at the free worksheet on this site that works the same figures from your own inputs. Nothing here is clause text, a Louisiana rule or a fee; the state's filing office and your attorney hold those.
Profit, reserve and distribution, worked in that order
For a crawfish farm and wholesale business in Louisiana, formed by a farmer, a buyer and a cousin with capital, distributions are not profit: the company keeps a reserve first, and the members split the remainder by share. The example keeps 15% of $80,000, leaving $68,000 to distribute, of which the largest member is owed $37,400. A Louisiana owner entering their own profit and reserve gets their own figures on the page, with nothing stored and no account; the paid plan is only for keeping the record year on year.
A decision threshold, turned into the members it takes
The clause that says what needs a supermajority is written as a percentage, and the worksheet makes it concrete: 75% of $100,000 is $75,000 of capital that must vote yes. Read against shares of 55.0%, 40.0% and 5.0%, that names which members can carry a decision and which cannot block one. The threshold in a Louisiana agreement is the members' own; this page publishes no rule about where it should sit.
Who is in the Louisiana company, and what they put in
The members of a Louisiana LLC and their contributions are the first thing the agreement records and the figure every other clause depends on. On this page's example the three members put in $55,000, $40,000 and $5,000, a total of $100,000, and the worksheet returns shares of 55.0%, 40.0% and 5.0%. Members can agree a different split; if they do, the agreement records the agreed one and the worksheet works everything downstream from it.
Where a Louisiana agreement's rules live, and where its numbers do
Whether Louisiana requires a written operating agreement, what it must contain and what the state charges to form or maintain the company are questions for the Louisiana Secretary of State, Commercial Division, named below, and for your attorney; this page publishes no rule text, no fee and no legal advice. What it does publish is the arithmetic the agreement records: the shares from the contributions, the distributions from the profit and the capital a decision needs, worked free on this site from the members' own figures, and kept against the company by LLC Lane Pro when the members want the record.
Questions people ask about louisiana llc operating agreement
Where do I find what Louisiana requires an operating agreement to contain?
At the Louisiana Secretary of State, Commercial Division, linked below, and from your attorney. This site publishes the arithmetic the agreement records and nothing about what the state requires the wording to say.
Can the members split ownership differently from their contributions?
Yes, if the agreement records the agreed split. The worksheet shows what the contributions alone imply, so a different split is a decision the members have seen rather than an accident in the blanks.
Does the worksheet store my Louisiana company's figures?
The free worksheet stores nothing and needs no account; it works the figures on the page and prints them. LLC Lane Pro keeps every company, member and agreement against the record for the members who want the history.