Your LLC or Corporation should not be without certain legal documents. These documents help to maintain the legal compliance of the company when they are used as guidelines. They clearly outline the roles and responsibilities of the members,  managers, or governing officers, and they set forth clear direction on how the company should be ran. These documents help to protect you in case of law suits. They also outline the responsibility the company has toward you as the manager and even the employee of it. These documents are necessary oftentimes when applying for funding with banks, when applying for certain grants, and instances where your company may end up in court.