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It also addresses member liability and indemnification, and establishes a perpetual term unless dissolved under the agreement’s provisions.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/letters/","Letters",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/operating-agreement-single-member-llc-california-terms-and-governance/281924/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/operating-agreement-single-member-llc-california-terms-and-governance/281924.png","ImageObject",442,249,{"name":42,"@type":43},"wps_ap_test_251126_0180","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-26","2026-09-16",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",16,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What is the purpose and scope of this Operating Agreement?","Question",{"text":63,"@type":64},"It governs the company’s membership, management, and internal operating rules, including the company’s lawful purposes and the powers needed to carry them out under the California LLC law referenced in the agreement.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"How is the single member’s ownership and decision-making defined?",{"text":68,"@type":64},"The initial member owns 100% of the membership interests and has exclusive, complete authority and discretion to manage the company’s operations and affairs and to make all business decisions.",{"name":70,"@type":61,"acceptedAnswer":71},"How does the agreement address member liability and indemnification?",{"text":72,"@type":64},"The agreement states the member is not personally obligated for the company’s debts and liabilities, except as required by the referenced law. It also provides for indemnification and advancement of expenses to the fullest extent permitted, funded from company assets only.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},281924,1790217476,{"code":4,"msg":82,"data":83},"success",[84,89,94,99,104,108,113,117,122],{"id":85,"doc_module":22,"doc_module_name":25,"category_name":86,"show_sort_weight":87,"slug":88},11,"Presentations",90,"presentations",{"id":90,"doc_module":22,"doc_module_name":25,"category_name":91,"show_sort_weight":92,"slug":93},12,"Resumes",80,"resumes",{"id":95,"doc_module":22,"doc_module_name":25,"category_name":96,"show_sort_weight":97,"slug":98},14,"Invoices",70,"invoices",{"id":100,"doc_module":22,"doc_module_name":25,"category_name":101,"show_sort_weight":102,"slug":103},15,"Posters",60,"posters",{"id":55,"doc_module":22,"doc_module_name":25,"category_name":105,"show_sort_weight":106,"slug":107},"Social Media",50,"social-media",{"id":109,"doc_module":22,"doc_module_name":25,"category_name":110,"show_sort_weight":111,"slug":112},17,"Forms",40,"forms",{"id":114,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":115,"slug":116},18,30,"letters",{"id":118,"doc_module":22,"doc_module_name":25,"category_name":119,"show_sort_weight":120,"slug":121},21,"Paper Templates",5,"papers-templates",{"id":123,"doc_module":22,"doc_module_name":25,"category_name":124,"show_sort_weight":4,"slug":125},158,"General","general-158",{"code":4,"msg":82,"data":127},{"doc_id":79,"user_id":128,"nickname":42,"user_avatar":129,"doc_module":22,"category_id":114,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":120,"language":135,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":12,"update_tm":139,"read_time":26},8796095027276,"https://avatar.qwps.com/avatar/d3BzX2FwX3Rlc3RfMjUxMTI2XzAxODA=","Operating Agreement of [LLC NAME]  \nThis Operating Agreement (the “Agreement”) of [LLC NAME](the “Company”), effective as of [DATE](the “Effective Date”), is entered into by and between 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 the Company’s Articles of Organization with the California Secretary of State pursuant to and in accordance with the California Revised Uniform Limited Liability Company Act (Cal. Corp. Code §§ 17701.01 et seq.), as amended from time to time (“RULLCA”); and  \nWHEREAS, the Member agrees 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:  \n1. Name. The name of the Company is [LLC NAME] .  \n2.  Purpose. The purpose of the Company is to engage in any lawful act or activity for which limited liability companies may be organized under RULLCA and to engage in any and all activities necessary or incidental thereto.  \n3.  Powers. 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 RULLCA.  \n4.  Principal Office; Office and Agent for Service of Process.  \n(a)  Principal Office. The location of the principal office of the Company shall be [STREET ADDRESS], or such other location as the Member may from time to time designate.  \n(b)  Office and Agent for Service of Process. The office and agent for service of  \nprocess on the Company in the State of California shall be the office of and the initial agent named in the Articles of Organization or such other office (which need not be a place of business of the Company) or person as the Member may designate in the manner provided by RULLCA.  \n5.  Members.  \n(a)  Initial Member. The Member owns 100% of the membership interests ofthe Company. The name and the business, residence, or mailing address of the Member are as follows:  \n[MEMBER NAME AND ADDRESS]  \n(b) Additional Members. One or more additional members may be admitted to the Company with the [written] consent of the Member. Prior to the admission of any such additional members to the Company, the Member shall amend this Agreement or adopt a new operating 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.  \n(c) No Membership Interests; Certificates. The Company will not issue any certificates to evidence ownership of the membership interests.  \n6.  Management.  \n(a) Authority; Powers and Duties of the Member. The Company shall be membermanaged. 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 ofa manager under RULLCA, 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.  \n(b)  Election 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 actin the name of the Company with such authority as may be delegated to such officers by the Member (each such designated person, an “Officer”) . Any such Officer shall act pursuant to such delegated authority until such Officer is removed by the Member. Any action taken by an Offic","cbCaidi8hvUOpHLF","https://ap.wps.com/l/cbCaidi8hvUOpHLF","pdf",93782,"English","# Name\n## Purpose\n## Powers\n## Principal Office; Office and Agent for Service of Process\n# Members\n## Initial Member\n## Additional Members\n## No Membership Interests; Certificates\n# Management\n## Authority; Powers and Duties of the Member\n## Election of Officers; Delegation of Authority\n# Liability of Member; Indemnification\n## Liability of Member\n## Indemnification\n# Term\n## Capital Contributions","[{\"question\":\"What is the purpose and scope of this Operating Agreement?\",\"answer\":\"It governs the company’s membership, management, and internal operating rules, including the company’s lawful purposes and the powers needed to carry them out under the California LLC law referenced in the agreement.\"},{\"question\":\"How is the single member’s ownership and decision-making defined?\",\"answer\":\"The initial member owns 100% of the membership interests and has exclusive, complete authority and discretion to manage the company’s operations and affairs and to make all business decisions.\"},{\"question\":\"How does the agreement address member liability and indemnification?\",\"answer\":\"The agreement states the member is not personally obligated for the company’s debts and liabilities, except as required by the referenced law. It also provides for indemnification and advancement of expenses to the fullest extent permitted, funded from company assets only.\"}]","Operating Agreement - Single Member LLC (California) - Terms and Governance | PDF",1789569015]