Example ContractsPremium TemplatesLLC Operating Agreement (Single Member)

LLC Operating Agreement (Single Member)

Contract--Business--Operating Agreement

Short operating agreement for an LLC with a single member.

Created: Apr 16, 2024 by AllDrafts staff  •  Updated: May 2, 2025 by AllDrafts staff

AllDrafts supports a shareable intake questionnaire to automatically prepare a draft version of this contract which you can easily edit online. After editing in AllDrafts, you can download the document in Word or PDF.

This simple LLC Operating Agreement (Single Member) template is ideal for lawyers assisting clients in establishing and managing a single-member limited liability company. It provides a clear legal framework covering key operational and governance aspects of the business. Topics addressed include:

  1. Formation & Office Details: Establishment of the LLC, designation of the principal office, and registered agent information.
  2. Membership Structure: Sole member ownership and rights.
  3. Business Purpose: Definition of the company's lawful activities.
  4. Term and Duration: Perpetual existence and conditions for dissolution.
  5. Management Authority: Comprehensive management powers vested in the sole member, including financial, operational, and legal decision-making.
  6. Capital Contributions: Initial and additional contributions documentation.
  7. Profit Distributions: Flexibility in distributing profits based on the company’s financial health.
  8. Books and Records: Maintenance of complete and accurate company records.
  9. Liability & Indemnification: Member liability protection and indemnity provisions.

This is not legal advice, and is not intended for use by consumers. This template is offered to licensed AllDrafts users as a resource for lawyers who are responsible for adapting this draft to their client's specific needs and circumstances and ensuring compliance with applicable laws.

Loading template...

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.