An Arizona single-member LLC operating agreement delineates the operational and managerial framework for a limited liability company with only one owner. While not legally required, it protects the owner’s interests by establishing rights, responsibilities, company objectives, and decision-making policies. Once signed, this agreement is not required to be submitted to any state agency; instead, it should be kept at the company’s registered office.
Legal Considerations
Statute: Title 29, Chapter 7 – Arizona Limited Liability Company Act.
