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LLC Sole Member Operating Agreement

oboloo Glossary

LLC Sole Member Operating Agreement

An LLC Sole Member Operating Agreement is a legal document that outlines the rights and responsibilities of the sole member (or members) and their relationship with the business. It essentially gives the sole member the same authority as any other owners in running the business, while also clearly defining how decisions should be made and how disputes should be resolved. By creating an agreement that complies with local state laws, the sole member will have the best chance of protecting their interests and those of their business.

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