Operating Agreement ‐ **Twilight Financial Services, LLC** - dbsandis/TwilightFinancial GitHub Wiki
Twilight Financial Services, LLC
Operating Agreement Twilight Financial Services, LLC
This Operating Agreement ("Agreement") is made effective as of April 30, 2025, by and between Daryl Sanders ("Member") and Twilight Financial Services, LLC ("Company"), a North Carolina limited liability company.
1. Company Formation
The Company was formed as a Limited Liability Company pursuant to the laws of the State of North Carolina by the filing of Articles of Organization with the North Carolina Secretary of State.
2. Company Name
The name of the Company is Twilight Financial Services, LLC.
3. Business Purpose
The purpose of the Company is to engage in financial coaching, tax preparation, bookkeeping, and related services, and any other lawful business permitted under the laws of the State of North Carolina.
4. Principal Office
The principal office of the Company shall be located at [Business Address], or such other place as the Member may determine.
5. Member
Daryl Sanders is the sole Member of the Company and holds 100% of the ownership interests.
6. Management
The Company shall be managed by the Member. The Member has full, complete, and exclusive discretion, power, and authority to manage and control the business, affairs, and properties of the Company.
7. Capital Contributions
The Member has contributed the initial capital necessary to carry on the business of the Company. Additional contributions may be made at the Member's discretion.
8. Profits, Losses, and Distributions
All profits and losses shall be allocated to the Member. Distributions shall be made to the Member at the discretion of the Member.
9. Liability of the Member
The Member shall not be personally liable for the debts, liabilities, or obligations of the Company beyond the Member’s capital contribution, except as required by law.
10. Banking and Records
The Company shall maintain separate bank accounts and financial records from those of the Member. All Company funds shall be deposited in the Company’s name and not commingled with the Member’s personal funds.
11. Dissolution
The Company may be dissolved at any time upon the written consent of the Member or as otherwise provided by law. Upon dissolution, the Member shall wind up the Company's affairs and distribute the Company’s assets accordingly.
12. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of North Carolina.
13. Amendments
This Agreement may be amended only by a written agreement signed by the Member.
IN WITNESS WHEREOF, the Member has executed this Operating Agreement as of the day and year first above written.
Signature: _______________________________
Name: Daryl Sanders
Title: Sole Member