Why a Single-Member LLC Still Needs an Operating Agreement
The most common LLC question, answered bluntly: yes, even alone. Three institutions will ask for this document, and one of them decides whether your liability shield holds.
The court (piercing the veil)
When someone sues and reaches for your personal assets, courts ask whether the LLC was truly separate from you. A signed operating agreement, respected in practice, is exhibit A for separateness. Its absence is exhibit A for the other side.
The bank
Business accounts routinely require the operating agreement at opening — it proves who's authorized to act. Generate it before the appointment, not in the parking lot.
Succession
A single-member agreement can name what happens to the company if you die or become incapacitated — without it, state default rules and probate decide, slowly.
Convert your agreement now
Free — upload a PDF or image and download a clean spreadsheet.
Open the converter →