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The LLC operating agreement determines the number of votes required for a particular action, who gets what share of the profits and losses, what to do in the case of a dispute, when and for what price a member can sell their ownership, and more.
We offer California LLC operating agreements for LLCs with multiple and single members. Without the execution of a formal operating agreement by its members, the LLC risks uncertainty of administration and adverse double taxation as a corporation.
Do not put your trust in outdated operating agreements. We offer you an attorney-drafted LLC operating agreement from a California attorney who is experienced with the formation of both multi- and single-member LLCs.
Single Member LLC Operating Agreement
A California single-member LLC has only one member. Our single-member LLC operating agreement is designed specifically for LLCs with only one member.
Both of our LLC operating agreements cover the following categories:
- Articles of Organization
- Agent for service of process
- Business purpose
- Profits and Losses
- Assignor and assignee
- Distributions upon liquidation
- Transfer of Ownership
- Restrictions on transfers
- Triggering events
- Marital dissolution
- Death of a spouse
- Option period
- Purchase price
- Substituted member
- Securities laws
- Contributions by members
- Failure to contribute
- Capital accounts
- Limited liability
- Members and Management
- Title to assets
- Dissolution and Winding Up
- Winding up
- General Provisions
Purchase with confidence. Our California LLC operating agreements were drafted by a licensed California attorney.