Single Member Llc Operating Agreement printable pdf download

Single Member Llc Operating Agreement

SINGLE MEMBER LLC OPERATING AGREEMENT

[LLC NAME]

THIS OPERATING AGREEMENT, is formed this _________ day of __________, 20____, by

[NAME OF SINGLE MEMBER], ( the “Original Member”), to establish a limited

liability company whose name is [LLC NAME] (the “Company”), pursuant to the

Virginia Limited Liability Company Act (the “Act”).

WITNESSETH

WHEREAS, the Original Member has established or intended to be established, a

limited liability company by filing on the date hereof a Certificate of Organization

(the “Certificate”) (Exhibit I) under and pursuant to the Act in the office of the

Secretary of State for the purpose of conducting [any lawful business, promoting

any lawful purpose and engaging in any lawful act or activity for which limited

liability companies may be formed under the Act]; and

WHEREAS, the Original Member agrees that his respective rights, powers, duties and

obligations as an Original Member of the Company, and the management, operations

and activities of the Company, shall be controlled by this Agreement;

NOW THEREFORE, in consideration of the mutual terms, covenants and conditions

contained herein, the Original Member hereby agrees as follows:

ARTICLE I

Formation of the LLC; Original Member

1.1 Effective Date of Agreement. This Agreement shall be effective on the date (the

“Effective Date”) on which the Original Member shall have signed and dated it.

1.2

Formation of the LLC. The Original Member shall cause to be filed such

Certificates and documents as may be necessary or appropriate to comply with

the Act and any other applicable requirements for the operation of a limited

liability company in accordance with the laws of the State of Virginia and any

other jurisdictions in which the Company shall conduct its business and

operations and shall continue to do so for so long as the Company conducts

business therein.

1.3 Admission of Original Member. Immediately upon the formation of the LLC, the

sole member shall be the Original Member.

Single Member Llc Operating Agreement