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New Hampshire LLC Operating Agreement Template

Not required by statute; an operating agreement and its amendments may be written, oral, or implied by course of dealing unless a written agreement provides otherwise (RSA 304-C:40). Fill in the form to build a New Hampshire operating agreement for a single-member or multi-member LLC, governed by the New Hampshire Revised Limited Liability Company Act. Download it as PDF or Word and keep the signed copy with the company records; it is not filed with the state.

This template is a starting point, not legal advice, and Jupid is not a law firm. LLC law differs by state, and New Hampshire courts apply New Hampshire law. Have an attorney licensed in your state review the agreement before every member signs, especially if members contribute property, receive unequal rights, or plan to bring in investors.

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Governed by the New Hampshire Revised Limited Liability Company Act. Not required by statute, but strongly recommended. New Hampshire rules

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Match what your Certificate of Formation says, if it states the management structure.

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Lets the LLC continue without a gap in ownership. Coordinate with your will or trust.

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Operating Agreement of Blue Harbor Studio LLC

A New Hampshire single-member, member-managed limited liability company

This Operating Agreement (this "Agreement") of Blue Harbor Studio LLC (the "Company") is made effective as of March 2, 2026 (the "Effective Date") by its sole member listed in Schedule A (the "Member").

Article 1. Formation

1.1 Formation. Blue Harbor Studio LLC (the "Company") was formed as a New Hampshire limited liability company on March 2, 2026 by filing its Certificate of Formation with the New Hampshire Secretary of State. The New Hampshire Revised Limited Liability Company Act (the "Act") and this Agreement govern the Company. Where this Agreement differs from a default rule of the Act, this Agreement controls to the extent the Act allows.

1.2 Purpose. The purpose of the Company is graphic design, branding and marketing services, and any other lawful business for which a limited liability company may be formed under the Act.

1.3 Principal Office. The Company's principal office is at 1200 Main Street, Suite 300, Concord, NH, or at another place the Member chooses.

1.4 Registered Agent. The Company's registered agent and registered office in New Hampshire are those stated in its most recent filing with the New Hampshire Secretary of State.

1.5 Term. The Company continues until it is dissolved and its affairs are wound up under Article 10.

Article 2. Sole Member and Capital

2.1 Sole Member. Alex Rivera (the "Member") is the sole member of the Company and owns 100% of the membership interests. The Member's address and Capital Contribution are listed in Schedule A.

2.2 Capital Contribution. The Member has contributed or will contribute the money, property or services stated in Schedule A. The Member is not required to make any additional contribution but may do so at any time.

2.3 No Interest on Capital. The Member earns no interest on its Capital Contributions. A loan from the Member to the Company is not a Capital Contribution.

Article 3. Allocations and Distributions

3.1 Profits and Losses. All profits and losses of the Company are allocated to the Member.

3.2 Distributions. The Member decides when the Company makes distributions and in what amounts.

3.3 Limits on Distributions. The Company will not make a distribution if, after the distribution, the Company could not pay its debts as they become due in the ordinary course of business, its total liabilities would exceed its total assets, or the distribution would otherwise violate the Act.

Article 4. Tax Classification

4.1 Classification. The Company has one Member. Under Treasury Regulations Section 301.7701-3(b)(1)(ii), it is disregarded as an entity separate from its owner for federal income tax purposes unless the Member elects otherwise by filing IRS Form 8832 or Form 2553. Being disregarded for income tax purposes does not change the Company's separate legal existence or the Member's limited liability under the Act.

Article 5. Management

5.1 Management by the Member. The Company is member-managed. The Member has full authority to run the business, sign contracts, open accounts and take any other action for the Company. The Member may act by signing a written consent and is not required to hold meetings.

5.2 Officers and Agents. The Member may appoint officers or agents, give them titles and delegate authority to them in writing.

Article 6. Transfers and Additional Members

6.1 Transfers. The Member may transfer all or part of its membership interest. A person who receives the Member's entire interest is admitted as a member when the transfer takes effect.

6.2 Additional Members. The Member may admit additional members by written consent. When a second member is admitted, the members will sign an amended operating agreement that covers voting, distributions and transfers. Once the Company has two or more members, it is classified as a partnership for federal income tax purposes unless it has elected to be taxed as a corporation.

Article 7. Death or Incapacity of the Member

7.1 Successor on Death. On the Member's death, the person who inherits the Member's interest under the Member's will or trust or under the laws of intestacy succeeds to the Member's entire interest and is admitted as the member effective as of the date of death, so that the Company continues without dissolution. Until the successor is admitted, the Member's personal representative may exercise all of the Member's rights to manage the Company.

7.2 Incapacity. If the Member becomes unable to manage the Company because of a physical or mental condition, the Member's agent under a durable power of attorney, or a court-appointed guardian or conservator, may exercise the Member's management rights until the Member can act again.

Article 8. Books, Records, Bank Accounts and Separateness

8.1 Books and Fiscal Year. The Company keeps complete and accurate books of account. Its fiscal year is the calendar year unless tax law requires otherwise, and its books are kept on the cash or accrual method the Member chooses for its tax returns.

8.2 Records. The Company keeps at its principal office the records the Act requires, including a copy of its Certificate of Formation and all amendments, this Agreement and all amendments, a current list of its Member with addresses, Capital Contributions, and its federal, state and local tax returns and financial statements for at least the three most recent years.

8.3 Bank Accounts. All Company money is deposited in accounts in the Company's name and used only for Company purposes. Company funds are never mixed with the personal funds of the Member. The Member, and anyone they authorize in writing, may sign on Company accounts.

8.4 Separate Existence. The Company holds itself out as a legal entity separate from the Member. It signs contracts in its own name, pays its debts from its own funds, keeps its own books and accounts, and does not pay the personal expenses of the Member. These practices help preserve the limited liability the Act gives to the Member.

Article 9. Limited Liability, Exculpation and Indemnification

9.1 Limited Liability. To the fullest extent the Act allows, no Member or officer is personally liable for any debt, obligation or liability of the Company, whether arising in contract, tort or otherwise, solely because of that role. A failure of the Company to observe formalities is not a ground for imposing personal liability on the Member.

9.2 Exculpation. No Member or officer is liable to the Company for any act or omission in good faith on behalf of the Company, except for gross negligence, willful misconduct, a knowing violation of law, a transaction from which the person received an improper personal benefit, or a breach of this Agreement.

9.3 Indemnification. To the fullest extent the Act allows, the Company will indemnify and hold harmless the Member and each officer against losses, judgments, settlements and reasonable legal fees arising from claims related to the Company's business, except for conduct listed as an exception in Section 9.2. The Company may advance legal fees if the person agrees in writing to repay them if it is later determined that the person was not entitled to indemnification.

9.4 Insurance. The Company may buy insurance on behalf of any person it may indemnify.

Article 10. Dissolution and Winding Up

10.1 Events of Dissolution. The Company dissolves only on:

  1. the Member's written decision to dissolve;
  2. the sale of all or substantially all of its assets, after the sale proceeds are collected;
  3. the Company having no member, if no successor is admitted under Article 7 and the Company is not otherwise continued as the Act permits;
  4. entry of a court order of dissolution; or
  5. any other event that requires dissolution under the Act.

10.2 Winding Up. On dissolution, the Member will wind up the Company's affairs, sell or distribute its assets, and file the dissolution or cancellation documents the New Hampshire Secretary of State requires.

10.3 Order of Payment. Company assets are applied in this order: first, to creditors, including the Member if it is a creditor, in satisfaction of the Company's debts; second, to reasonable reserves for contingent liabilities; and third, to the Member.

Article 11. General Provisions

11.1 Governing Law. This Agreement is governed by the laws of the State of New Hampshire, including the New Hampshire Revised Limited Liability Company Act (RSA 304-C:1 et seq.).

11.2 Entire Agreement. This Agreement, including its schedules, is the entire agreement of the Member about the Company and replaces any earlier oral or written agreement on the same subject.

11.3 Amendments. This Agreement may be amended only by a writing signed by the Member.

11.4 Severability. If any provision of this Agreement is held invalid or unenforceable, the rest of the Agreement stays in effect, and the provision is enforced to the greatest extent allowed.

11.5 Binding Effect; No Third-Party Beneficiaries. This Agreement binds and benefits the Member and its permitted successors and assigns. No creditor or other third party may enforce it.

Signatures

The Member signs this Agreement effective as of the Effective Date.

Member: Alex Rivera

Date: ________________

Schedule A: Member

MemberAddressCapital contributionPercentage interest
Alex Rivera48 Oak Lane, Concord, NH$5,000 (Cash)100%
Total$5,000100%

Template from jupid.com. Not legal advice; New Hampshire law varies, so have an attorney review this document before signing.

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New Hampshire Operating Agreement Facts

LLC statute

New Hampshire Revised Limited Liability Company Act (RSA 304-C:1 et seq.)

Required?

Not required by statute; an operating agreement and its amendments may be written, oral, or implied by course of dealing unless a written agreement provides otherwise (RSA 304-C:40).

Filed with the state?

No. You file the Certificate of Formation with the New Hampshire Secretary of State; the operating agreement stays with the company records.

What the statute calls it

operating agreement

Annual or biennial report

Annual Report, $100 ($50 late fee after April 1), due April 1 of each year following the year of registration.

Series LLCs

Not authorized (chapter 304-C has no series provisions)

Community property state

No.

State entity tax

Business Profits Tax return required above $109,000 of gross business income and Business Enterprise Tax return above $298,000 of gross receipts or enterprise value tax base, for taxable periods beginning on or after January 1, 2025 (NH Department of Revenue Administration).

New Hampshire's act and the form of the agreement

New Hampshire LLCs are governed by the New Hampshire Revised Limited Liability Company Act, RSA chapter 304-C (RSA 304-C:1). The Act defines the operating agreement as any agreement of the member or members about the company's internal affairs or the conduct of its business, whatever the document is called (RSA 304-C:16). Unless a written operating agreement says otherwise, the agreement and its amendments may be written, oral, or implied by course of dealing (RSA 304-C:40). No section requires members to adopt one.

That flexibility cuts both ways. Because a course of dealing can create or change terms, a written agreement that requires amendments to be in writing gives the members a fixed reference point. The agreement is not filed; the Secretary of State files the certificate of formation (RSA 304-C:31).

Default rules under RSA 304-C

A New Hampshire LLC is managed by its members unless the operating agreement provides otherwise (RSA 304-C:47). Votes are not per capita by default: each member's votes are proportionate to its share of the cash, property and services contributed in connection with formation (RSA 304-C:65). Matters reserved to members pass by majority vote, but the vote of all members is needed to amend the certificate of formation or the operating agreement, amend a promise to contribute, grant additional membership rights, or admit a new member (RSA 304-C:67).

Distributions follow the agreed value, as of the date of contribution, of what each member contributed and the company has not returned (RSA 304-C:95).

A member may withdraw at any time by giving 30 days' written notice to the other members, unless the agreement sets other terms (RSA 304-C:103). A withdrawing member is not entitled to payment for the value of its membership rights and keeps the rights of a transferee instead (RSA 304-C:105). A member can transfer its economic interest without a vote of the others, and the transferee receives allocations and distributions but no management role (RSA 304-C:123), while a transfer of full membership rights needs the unanimous vote of the other members (RSA 304-C:121).

New Hampshire taxes and annual report

New Hampshire has two business taxes with their own filing thresholds. For taxable periods beginning on or after January 1, 2025, a Business Profits Tax return is required when gross business income exceeds $109,000, and a Business Enterprise Tax return when gross receipts or the enterprise value tax base exceed $298,000 (Department of Revenue Administration). Every LLC also files an annual report with the Secretary of State by April 1 of each year following the year of registration; the fee is $100, and a $50 late fee applies after April 1. Chapter 304-C has no series LLC provisions. Check the current statute before relying on a default rule.

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