Texas law calls this document a company agreement (TBOC § 101.001(1)), so each template carries both names. All three are written for Chapter 101 of the Texas code. Download a fillable PDF or a Word file, fill in your members and ownership split, and sign.
Choose the version that matches your Texas LLC structure.
Is an Operating Agreement Required in Texas?
No. Texas doesn’t ask you to adopt, sign, notarize or file one. The state only takes your Certificate of Formation (Form 205), filed with the Texas Secretary of State for $300.
Without an agreement, Chapter 101 sets the rules. Each member gets one equal vote, whatever they put in, and nobody can withdraw or be expelled. That last rule is the one that bites two-owner LLCs. Many banks also ask for a signed copy before they open a business account.
Texas State Definition
“Company agreement” means any agreement, written, implied, or oral, of the members concerning the affairs or the conduct of the business of a limited liability company. A company agreement of a limited liability company having only one member is not unenforceable because only one person is a party to the company agreement.”
A handshake deal counts, and so can the way members have always run things. Writing it down is how you prove it.
A one-member LLC can sign an agreement with itself, and it binds.
Under § 101.052, the agreement governs first and binds every member, even one who never signed it. The code only fills the gaps.
Texas Default Rules (When Your Agreement Is Silent)
These are the rules Texas applies when your agreement says nothing. Each one is a
clause worth writing down.
One equal vote per member, no matter who invested what.
§ 101.354Split by the agreed value of each member’s contributions, as shown in company records.
§ 101.201Set by your Certificate of Formation: member-managed or manager-managed. The agreement has to match.
§ 101.251A member can’t withdraw or be expelled. Only the agreement can create an exit or a buyout.
§ 101.107Changing the agreement takes the consent of every member.
§ 101.053Keep the agreement and amendments at the LLC’s registered or principal office. Members can inspect them, and this right cannot be waived.
§ 101.501–101.502Allowed, but the agreement has to set up each series.
§ 101.601