Linked above is a rendered version of the LLC Agreement that we will be using (minus our specific names, etc.) to organize our effort to create a Farmstead Cooperative. It is marked up with footnotes that I’ve added to help clarify some of the legalese, but also to emphasis some of the important concepts. Once downloaded you can “turn off” or remove these notes by manipulating the style sheet in the header. You can also work with the document in a word processor like Microsoft Word (see instructions below).
Yes it is LONG, and probably boring on a narrative level, but the idea behind it is that the language is based on legal precedent in an effort to create a structure that will perform exactly as we want it to perform in every possible challenging circumstance, especially if challenged in a court of Maine law.
In many ways, I’ve learned, that documents like this function within the legal system just like software functions when it is compiled and run by a digital processor. Software code is not easy for the lay reader to understand, but it is meant to perform a specific set of tasks for the user through the refractory of the digital processor. In that same way legal language is software programmed for the court system to perform a specific set of tasks. In that spirit, please enjoy.
[To simply save the document to your computer for off-line review click the link above and then use your browser’s “Save As” menu item to save the document as an .html file. Then you can open the off-line copy in a browser, or in a word processor (like Microsoft Word) — just make sure you set your word processor to open documents with a .html extension, usually called “Web Pages” naturally.]