Required in California?
Yes, California requires that an LLC must “maintain in writing” a copy of an operating agreement.[1]
By Type (2)
Single-Member LLC Operating Agreement – To be used by a single-member company where there is one owner.
Download: PDF, MS Word, OpenDocument
Multi-Member LLC Operating Agreement – This form is for use by companies that would have more than one contributing member and would be member-managed.
Download: PDF, MS Word, OpenDocument
State Definition
“Operating agreement” means the agreement, whether or not referred to as an operating agreement and whether oral, in a record, implied, or in any combination thereof, of all the members of a limited liability company, including a sole member, concerning the matters described in subdivision (a) of Section 17701.10. The term “operating agreement” may include, without more, an agreement of all members to organize a limited liability company pursuant to this title. An operating agreement of a limited liability company having only one member shall not be unenforceable by reason of there being only one person who is a party to the operating agreement. The term includes the agreement as amended or restated.[2]