CA Operating Agreement (Single Member) by Verified Lawyer
This California Operating Agreement template was created by a verified lawyer on ContractsCounsel. Available for instant download, this editable document is designed to help you easily customize your Operating Agreement for your specific needs. You also have the option to hire the lawyer who drafted the template for additional review or customization.
Template Price:
$29
A California single member LLC operating agreement is a legal document that outlines the operational procedures and the structure of a limited liability company (LLC) that has only one member (owner) in the state of California. Even though California does not legally require an LLC to have an operating agreement, it is highly recommended to create one.
This form includes the below clauses:
- Name
- Term
- Purpose
- Powers
- Principal Office; Office and Agent for Service of Process
- Tax Representative
- Required Filings
- Members
- Authority and Responsibilities of the Member
- Liability of Member; Indemnification
- Capital Contributions
- Allocation of Net Income and Net Loss
- Tax Status; Income and Deductions
- Distributions
- Company Expenses
- Authority as to Third Parties
- Assignment of the Member’s Interest
- Records, Audits and Reports
- Dissolution; Liquidation
- Miscellaneous
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About the Lawyer Selling this Template
Benjamin W.
I am a California-barred attorney specializing in business contracting needs. My areas of expertise include contract law, corporate formation, employment law, including independent contractor compliance, regulatory compliance and licensing, and general corporate law. I truly enjoy getting to know my clients, whether they are big businesses, small start-ups looking to launch, or individuals needing legal guidance. Some of my recent projects include: -drafting business purchase and sale agreements -drafting independent contractor agreements -creating influencer agreements -creating compliance policies and procedures for businesses in highly regulated industries -drafting service contracts -advising on CA legality of hiring gig workers including effects of Prop 22 and AB5 -forming LLCs -drafting terms of service and privacy policies -reviewing employment contracts I received my JD from UCLA School of Law and have been practicing for over five years in this area. I’m an avid reader and writer and believe those skills have served me well in my practice. I also complete continuing education courses regularly to ensure I am up-to-date on best practices for my clients. I pride myself on providing useful and accurate legal advice without complex and confusing jargon. I look forward to learning about your specific needs and helping you to accomplish your goals. Please reach out to learn more about my process and see if we are a good fit!