California Single-Member LLC Operating Agreement Form

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A California Single-Member LLC Operating Agreement authenticates a legal account of the plan for a limited liability’s formation and expectations for forthcoming procedures for those businesses controlled by only one member. Many states do not mandate the use of an operating agreement, but California’s government specifies the requirement to achieve LLC classification. The contract contains areas to define company functions and protocols. Documenting terms within this agreement can further assist when applying for loans or seeking outside investors.