While not imposed by the state, a company agreement establishes clear rules and expectations for your LLC, while justifying your credibility as a legal entity. The Arizona LLC company agreement is a legal document that determines the creation of a company, whether it is a company with one or more members. This document addresses all the concerns a member may have when they become a financial asset for the company. The document deals with the obligations of members and management, defines a margin of the rules and rules of the company that must be respected by the members of the company, as well as the interests and the percentage of ownership. We partnered with a business lawyer to develop free business agreement templates and a customizable business agreement tool. Simply log in to a free business center account to get started. Another potentially significant effect under the New LLC Act relates to distributions. . .