Washington DC Single-Member LLC Operating Agreement Form

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Washington DC single-member LLC operating agreement is an internal document that outlines the operating procedures, policies, ownership, and purpose of a single-member business. While the District of Columbia does not require operating agreements by law, it is highly recommended that business owners implement this document for a variety of reasons. Not only is it helpful to establish the rights and responsibilities of the member/owner with regard to their business, an operating agreement can also protect the member/owner’s personal assets in the event of a business failure or litigation. Without an operating agreement in place, the company is subject to Washington DC’s LLC operating laws.