A California single-member LLC operating agreement is a document that outlines the internal structure and operational protocols of a limited liability company with only one owner, referred to as a member. State law mandates the implementation of this type of agreement, whether documented in writing, verbally agreed upon, or implied. Compliance entails completing and filing the document, serving as proof of ownership.
Legal Considerations
Statute: Title 2.6 – California Revised Uniform Limited Liability Company Act.
