Use of Operating Agreements in Farming Operations

Farmer in tractor
Lance Cheung, USDA (Flickr/Public Domain)

Use of Operating Agreements in Farming Operations

Do you need an operating agreement? There are six states that legally require Limited Liability Corporations (LLCs) to keep an operating agreement: California, Delaware, Maine, Missouri, Nebraska and New York. However, an operating agreement can benefit all farms and ranches, regardless of their legal structure. Learn more about the importance of operating agreements and how to create one in this Center for Agricultural Profitability article.

Read the full article

Online Master of Science in Agronomy

With a focus on industry applications and research, the online program is designed with maximum flexibility for today's working professionals.

A field of corn.