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Free legal form · Operating Agreement Single Member

Single-Member Operating Agreement.

Customize and download a single-member LLC operating agreement. Strengthens the LLC liability shield and satisfies bank account requirements.

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State-specific
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required clauses included
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Fill in the fields. The preview on the right updates as you type. Download when ready.

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This is a template, not legal advice. Templates work for many situations. Complex matters or jurisdiction-specific issues warrant attorney review.

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When to use

Right for these situations.

When to use
You are the sole owner of your LLC

And want a document that meets banking, counterparty, and lender requirements.

When to use
You just formed and need basics in place

State filed your Articles; the operating agreement is the next foundational document.

When to use
You are converting from sole prop to LLC

An operating agreement helps establish the LLC as legally distinct from you personally.

When to use
You want to strengthen your liability shield

Courts look at whether the LLC was treated as a real entity.

Common mistakes

What to avoid.

Mistake
Skipping the agreement entirely

State default rules apply. Banks expect to see one.

Mistake
Using a generic template without customization

State-specific provisions and industry quirks need addressing.

Mistake
Not signing and dating

An unsigned operating agreement may be unenforceable.

Mistake
Misstating the management structure

Inconsistency with Articles of Organization creates ambiguity.

FAQ

Common questions.

Do I really need an operating agreement if I am the only owner?
Not legally required in most states. Strongly recommended. Banks request one. Strengthens your LLC liability shield.
Is this template state-specific?
It is a general-purpose template. State-specific provisions (California professional rules, New York publication compliance) may need additional language.
Can I customize it?
Yes. Edit the fields, then download. For deeper customization, attorney review is recommended.
Do I file this with the state?
No. Internal document.
Does it need to be notarized?
Generally no. Some banks may request notarization.
Where do I store the signed copy?
In your business records.

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