Pharos Law Podcast

Is a single member LLC required to have an operating agreement?


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Why would a single member (owner) need a rulebook for only himself or herself? Fair point.  However, please remember that an LLC operating agreement is more than just a rule book for the LLC.  Also, keep in mind that the business will hopefully grow and expand over time. Foundations are best laid in the beginning.

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Pharos Law PodcastBy Ryan L. Jensen, Attorney