Operating Agreement (Single Member Limited Liability Company)

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DISCLAIMER
THE FOLLOWING FORM OF OPERATING AGREEMENT HAS BEEN
PREPARED BY AN ATTORNEY LICENSED TO PRACTICE LAW IN CALIFORNIA.
THE PROVISIONS CONFORM TO THE LAWS OF THE STATE OF CALIFORNIA
AND MAY BE USED AS A REFERENCE IN PREPARING AN OPERATING
AGREEMENT FOR A SINGLE-MEMBER LIMITED LIABILITY COMPANY (“LLC”)
FORMED UNDER CALIFORNIA LAW. SUNDOC MAKES NO REPRESENTATION
THAT THIS FORM OPERATING AGREEMENT COMPLIES WITH THE LEGAL
REQUIREMENTS OF ANY JURISDICTION OTHER THAN THE STATE OF
CALIFORNIA.
SUBJECT
TO
CALIFORNIA
LAW,
AN
OPERATING
AGREEMENT
GOVERNS: RELATIONS AMONG THE MEMBERS OF THE LLC; RELATIONS
BETWEEN THE MEMBERS AND THE LLC ITSELF; THE RIGHTS AND DUTIES OF
THE MANAGER (IF ANY) OF THE LLC; THE ACTIVITIES OF THE LLC AND THE
CONDUCT OF THOSE ACTIVITIES; AND THE MEANS FOR AMENDING THE
OPERATING AGREEMENT.
NO SINGLE FORM OF OPERATING AGREEMENT CAN SERVE ALL LLC’S
BECAUSE LLC’S DIFFER FROM ONE ANOTHER AS TO PURPOSE AND
OPERATION.
FOR
THAT
REASON,
USERS
OF
THE
FOLLOWING
OPERATING
AGREEMENT SHOULD CONSULT AN ATTORNEY TO DETERMINE WHAT
PROVISIONS THEY MAY WISH TO ADD, REVISE OR DELETE ENTIRELY.

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