Prepared an amended and restated operating agreement between equal owners of an Arizona limited liability company.  DeAngelis Legal reviewed and evaluated owners’ objectives and prepared a compressive operating agreement that incorporated the new LLC law which applies to existing entities as of September 1, 2020.  For more on the new law see  The operating agreement contained provisions governing the operation of the entity, authority and limitations on managers, rights and obligations of the members, restrictive covenants, transfer restrictions and purchase rights upon death, disability, divorce and bankruptcy.