An Arkansas Single-Member LLC Operating Agreement issues a written account of policies and procedures concerning a limited liability company with ownership retained by a single member. The document can be useful as a professional tool to record commitments regarding company policies and practices. It can also display the efficiency of the LLC by providing a framework of the business’s bookkeeping approach when working with financial institutions to secure funding. Arkansas does not require all LLCs to furnish an operating agreement but the creation of the contract is a practical choice for any company.