A Vermont single-member LLC operating agreement is a strategic document a business owner crafts to define and manage various aspects of their limited liability company. While Vermont doesn’t require business owners to write one, it’s still good practice to have one. It’s a framework of your company’s internal operations, which investors may need to lend you funds to propel your business forward.
The operating agreement is also a key piece of evidence necessary for shielding a business owner from personal liability for company debts.
Legal Considerations
Statute: Title 11, Chapter 25 – Limited Liability Companies.
