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Sets company name, lawful business purpose, powers under the Illinois Limited Liability Company Act, and required information for principal business location and Illinois registered agent/office. Establishes sole ownership (100%) by the member, states that no ownership certificates are issued, and explains member-managed authority to bind the company, including optional officer designation. Includes member liability limits and indemnification/expense advancement from company assets, and sets a perpetual company term unless dissolved per Illinois law.","Operating Agreement of [COMPANY NAME]\nThis Operating Agreement (the “Agreement”) of [COMPANY NAME] (the “Company”), effective as of [DATE] (the “Effective Date”), is entered into by the Company and [SINGLE MEMBER NAME], as the single member of the Company (the “Member”).\nWHEREAS, the Company was formed as a limited liability company on [DATE] by the filing of Articles of Organization with the Secretary of State of the State of Illinois (“Secretary of State”) pursuant to and in accordance with the Illinois Limited Liability Company Act, as amended from time to time (the “LLCA”); and\nWHEREAS, the Member and the Company agree that the membership in and management of the Company shall be governed by the terms set forth herein.\nNOW, THEREFORE, the Member and the Company agree as follows:\nName.  The name of the Company is [COMPANY NAME].\nPurpose.  The purpose of the Company is the transaction of any or all lawful business for which limited liability companies may be organized under the LLCA.\nPowers.  The Company shall have all the powers necessary or convenient to carry out the purposes for which it is organized, including the powers granted by the LLCA.\nPrincipal Place of Business; Registered Agent and Office.\nPrincipal Place of Business.  The location of the principal place of business of the Company shall be as set out in the Company’s Articles of Organization or other filing on record with the Secretary of State, or such other location as the Member may from time to time designate.\nRegistered Agent and Office.  The registered agent of the Company for service of process in the State of Illinois and the registered office of the Company in the State of Illinois shall be that person and that location set out in the Articles of Organization.\nChanges with the Secretary of State.  In the event of a change of the Company’s principal place of business, registered agent, or registered office, the Member shall promptly file a statement of change or articles of amendment with the Secretary of State, as the case may be, in the manner provided by law.\nMembers.\nInitial Member.  The Member owns 100% of the ownership interests of the Company.  The name and the business, residence, or mailing address of the Member are as follows:\n[MEMBER NAME AND ADDRESS]\nAdditional Members.  One or more additional members may be admitted to the Company with the [written] consent of the Member.  Before the admission of any such additional members to the Company, the Member shall adopt a new operating agreement or amend this Agreement to make such changes as the Member shall determine to reflect the fact that the Company shall have such additional members.  Each additional member shall execute and deliver a supplement or counterpart to this Agreement, as necessary.\nNo Certificates for Ownership Interests.  The Company will not issue any certificates to evidence ownership of the ownership interests.\nManagement.\nAuthority; Powers and Duties of the Member.  The Company shall be member-managed.  The Member shall have exclusive and complete authority and discretion to manage the operations and affairs of the Company and to make all decisions regarding the business of the Company.  Any action taken by the Member shall constitute the act of and serve to bind the Company.  Persons dealing with the Company are entitled to rely conclusively on the power and authority of the Member as set forth in this Agreement.  The Member shall have all rights and powers of a manager under the LLCA, and shall have such authority, rights, and powers in the management of the Company to do any and all other acts and things necessary, proper, convenient, or advisable to effectuate the purposes of this Agreement.\nElection of Officers; Delegation of Authority.  The Member may, from time to time, designate one or more officers with such titles as may be designated by the Member to act in the name of the Company with such authority as may be delegated to such officers by the Member (each such des","cbCaimCRJARxs8v0","https://ap.wps.com/l/cbCaimCRJARxs8v0","docx",31503,5,"English","en",105,"# Operating Agreement (Single Member) - Illinois\n## Parties and Effective Date\n## Company Name, Purpose, and Powers\n## Principal Place of Business; Registered Agent and Office\n## Members\n## Management\n## Liability of Member; Indemnification\n## Term","[{\"question\":\"Who are the parties to this Illinois single-member operating agreement?\",\"answer\":\"The agreement is entered into by the company and a single member, with the member acting as the sole member.\"},{\"question\":\"What is the purpose of the company under the agreement?\",\"answer\":\"The company’s purpose is conducting any or all lawful business activities for which limited liability companies may be organized under the Illinois LLC Act.\"},{\"question\":\"How does the agreement address member liability and indemnification?\",\"answer\":\"The member is generally not personally liable for company debts and obligations solely due to being or acting as a member. The member may receive indemnification and advancement of expenses to the fullest extent permitted under the Illinois LLC Act, funded only from company assets.\"}]","Operating Agreement (Single Member) - Illinois | DOCX",1788174117,2,{"code":4,"msg":31,"data":32},"ok",{"site_id":24,"language":23,"slug":33,"title":14,"keywords":34,"description":15,"schema_data":35,"social_meta":86,"head_meta":88,"extra_data":90,"updated_unix":28},"operating-agreement-single-member-illinois","",{"@graph":36,"@context":85},[37,53,68],{"@type":38,"itemListElement":39},"BreadcrumbList",[40,44,47,50],{"item":41,"name":42,"@type":43,"position":11},"https://docshare.wps.com","Home","ListItem",{"item":45,"name":46,"@type":43,"position":29},"https://docshare.wps.com/template/","Template",{"item":48,"name":13,"@type":43,"position":49},"https://docshare.wps.com/template/forms/",3,{"item":51,"name":14,"@type":43,"position":52},"https://docshare.wps.com/template/operating-agreement-single-member-illinois/165608/",4,{"url":51,"name":14,"@type":54,"author":55,"headline":14,"publisher":57,"fileFormat":60,"inLanguage":23,"description":15,"dateModified":61,"datePublished":62,"encodingFormat":60,"isAccessibleForFree":63,"interactionStatistic":64},"DigitalDocument",{"name":9,"@type":56},"Person",{"url":41,"name":58,"@type":59},"DocShare","Organization","application/vnd.openxmlformats-officedocument.wordprocessingml.document","2026-09-02","2026-08-31",true,{"@type":65,"interactionType":66,"userInteractionCount":49},"InteractionCounter",{"@type":67},"ViewAction",{"@type":69,"mainEntity":70},"FAQPage",[71,77,81],{"name":72,"@type":73,"acceptedAnswer":74},"Who are the parties to this Illinois single-member operating agreement?","Question",{"text":75,"@type":76},"The agreement is entered into by the company and a single member, with the member acting as the sole member.","Answer",{"name":78,"@type":73,"acceptedAnswer":79},"What is the purpose of the company under the agreement?",{"text":80,"@type":76},"The company’s purpose is conducting any or all lawful business activities for which limited liability companies may be organized under the Illinois LLC Act.",{"name":82,"@type":73,"acceptedAnswer":83},"How does the agreement address member liability and indemnification?",{"text":84,"@type":76},"The member is generally not personally liable for company debts and obligations solely due to being or acting as a member. 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