Our LLC operating agreement template is expertly crafted by legal professionals to ensure that your business is fully compliant with state regulations and protected from legal liability, giving you peace of mind and security as you grow your enterprise.
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A Connecticut single-member LLC operating agreement offers legal protection and tax benefits to a sole proprietor. While not required by the state, it safeguards personal assets during litigation or bankruptcy. It's advised for businesses of all sizes to complete, file, and keep this document readily available. If unsure about any part of the agreement, consult an attorney for clarification.
In the designated space, input the full name of the Limited Liability Company (LLC) being established, ensuring that it is unique and does not infringe on any existing company names. This name is crucial for identifying your LLC in legal documentation and agreements. For example, if your company focuses on graphic design, you could choose a name like "Creative Design Solutions, LLC."
Consistently use the LLC's name, as previously mentioned, throughout the document for clarity. In the following field, indicate the date when the operating agreement is signed and becomes effective. This date marks the formalization of the contract and sets the roles and responsibilities outlined within it.
Additionally, include the full legal name of the individual who serves as the sole member of the LLC. This person will be responsible for managing and operating the LLC and will be held liable for its legal obligations. For instance, if the sole member's name is "John Doe," ensure that the complete name is provided.
First enter the full legal name of your LLC. Then specify the date when the LLC was officially formed by filing the Articles of Organization with the State of Connecticut. This event marks the legal inception of the LLC. For example, if your LLC was formed on March 1, 2023, indicate "March 1, 2023" or "1st day of March 2023."
In this section, describe the primary purpose or business activity that the LLC will engage in. The description should be specific enough to convey the LLC's main focus clearly. For example, if your LLC specializes in digital marketing, you could state, "To provide comprehensive digital marketing services, including SEO, PPC, and content strategy, for businesses in various industries."
In the provided space, reaffirm the full legal name of the individual with the authority to act on behalf of the LLC. This person will have the power to make decisions, sign contracts, and incur expenses for the company.
The sole member must sign their name in this section to formally accept the terms of the operating agreement and acknowledge their role as the managing member of the LLC. Furthermore, in the space provided, the sole member should print their full legal name legibly to ensure clarity and serve as a reference for future legal documents or inquiries regarding the LLC.
In summary, filling out a single-member LLC operating agreement for a Connecticut-based company is essential for establishing the roles, responsibilities, and legal boundaries between the LLC and its member. By providing the necessary information and signing the document, the sole member formalizes their commitment to managing the company in compliance with the terms of the agreement.