Get California Single-member Llc Operating Agreement Template

Filling out the California Single-Member LLC Operating Agreement Template can seem daunting, but this guide will provide you with clear instructions to easily complete the process online. This agreement is crucial for establishing the operational framework for your single-member limited liability company in California.

Follow the steps to successfully complete your operating agreement.

1. Click ‘Get Form’ button to obtain the template and open it in your preferred online document editor.
2. In the first section, enter the name of your LLC in the space provided. Ensure that the name you choose complies with California's LLC naming requirements.
3. Fill in the date in the designated space, indicating when the agreement is being made.
4. Under 'Organization', confirm that the LLC has been formed by entering the date of filing the Articles of Organization with the state.
5. In the 'Purposes and Powers' section, describe the primary business activities your LLC will engage in. Include all relevant details.
6. Specify the duration of your LLC's existence by marking the appropriate section.
7. List the registered office and resident agent details, ensuring this information matches what was submitted in the Articles of Organization.
8. Detail any capital contributions you will make to the LLC, while also clarifying distribution methods according to statutory guidelines.
9. Record the fiscal year end, which is typically by default the end of December.
10. Provide the necessary details regarding the authority and powers of the member, and specify their rights and obligations.
11. Consider detailing any clauses regarding indemnification or limitations of liability for the member.
12. Finally, include a signature line for the managing member, as well as any necessary acknowledgment of a notary public.
13. Once all sections are thoroughly completed and reviewed, be sure to save your changes, download a copy for your records, and print or share the completed agreement as needed.

Begin filling out your California Single-Member LLC Operating Agreement Template online today for a smooth start to your business journey.