This is a sample Single Member Limited Liability Company Operating Agreement that can be modified to fit any type of business. Limited Liability Companies (“LLC”) are often the most beneficial classification for business entities because they provide for the limited liability of corporations while having the benefits of partnership taxation. In order for the LLC to be valid, it must have an operating agreement and must file the Articles of Organization with the Secretary of State. This sample operating agreement is ideal for small businesses that want to operate as an LLC.
Pages to are hidden for
"Operating Agreement for Single Member Limited Liability Company (LLC)"Please download to view full document