An Alaska Single-Member LLC Operating Agreement is a fillable form used by a limited liability company owned by only one member to develop a precursory understanding of how the business will operate. The paperwork includes areas for the sole proprietor to stipulate the purpose of the business, designate authority, and indicate designated tax classification. Although Alaska does not obligate an LLC to furnish an operating agreement to apply for official formation with the state, financial institutions may request the document when securing a business loan.