Single operator llc operating agreement

What we’ll cover

• About Single Member LLC Operating Agreements
• Single Member LLC Operating Agreement FAQs
• Single Member LLC Operating Agreement checklist

What is a Single Member LLC Operating Agreement?

Single Member LLC Operating Agreements help you communicate how your business will operate, how it is separate from your personal finances, and how you plan to pay yourself. Potential investors will also want to see your Operating Agreement to help them decide if they want to invest. In some states, you may be legally required to have an LLC Operating Agreement.

Even if you are not legally required to have an Operating Agreement in your state, one major reason for having a Single Member LLC Operating Agreement is to dictate what should occur if the company needs to dissolve. In this case, you'll need to define how the company should dissolve and what is to happen with liabilities and assets should you die or become unable to run your business.

When can you use a Single Member LLC Operating Agreement?

• You're ready to form a Single Member LLC and you want to define its business terms.
• You've already formed a Single Member LLC but don't yet have an operating agreement.

Take the next step: Register your LLC now

Many business owners opt to register their LLC after creating a Single Member LLC Operating Agreement. If this sounds like you, Rocket Lawyer can make your next step easy.

With Rocket Legal+, you can get fast, personalized support to start your LLC. Your first registration is FREE*, and you can keep your LLC compliant with HALF OFF professional services for trademarks, taxes, and more. *See details

Sample Single Member LLC Operating Agreement

The terms in your document will update based on the information you provide

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