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Louisiana Single Member LLC Operating Agreement Form

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Louisiana Single Member LLC Operating Agreement Form

Updated November 23, 2021

A Louisiana single-member LLC operating agreement is a legal document, designed to assist a sole proprietor in the establishment of documentation that will set forth the policies, procedures, daily activities. Although the document is not a requirement to conduct business in the state of Louisiana, without the document and if the owner experience any level of litigation, the owner will not be separated from the debts of the business and therefore shall become personally liable to satisfy the business debts with personal assets. Without the implementation of the document, the owner will also be unable to take advantage of the tax benefits available to them.