In legal terms, an operating agreement refers to a legal document that outlines the responsibilities and rights of the members of a limited liability company (LLC). This document is crucial for any LLC, as it helps to prevent misunderstandings and disputes that may arise within the company.

As a professional, I have realized that many people often look for alternative words to use in place of “operating agreement.” Here are some of the synonyms that you can use:

1. Corporate Bylaws: Bylaws are another legal document that outlines the structure and operation of a corporation. This document is primarily important for those businesses that have a Board of Directors, as it outlines the roles and responsibilities of those directors.

2. Partnership Agreement: A partnership agreement is a legal document that outlines the terms and conditions under which two or more individuals agree to run a business together. This document is essential for partnerships to prevent misunderstandings and disputes.

3. Articles of Organization: Articles of Organization refer to the legal documents that need to be filed with the state when forming an LLC. These articles contain important information such as the name of the LLC, its purpose, and the names and addresses of its members.

4. Bylaws: Bylaws are the rules that govern the internal affairs of a corporation or other organization. These rules may cover topics such as how board members are elected, how board meetings are conducted, and how the organization`s finances are managed.

5. LLC Agreement: The LLC agreement is a legal document that outlines the terms and conditions of an LLC. This document is similar to the operating agreement but is specific to an LLC.

In conclusion, there are many synonyms for operating agreement that you can use, including corporate bylaws, partnership agreement, articles of organization, bylaws, and LLC agreement. Whatever term you use, it is important to ensure that you have a legal document that outlines the terms and conditions of your business to prevent misunderstandings and disputes.