The North Carolina single-member limited liability company operating agreement presents the membership benefits, responsibilities, and powers of an LLC’s sole member and confirms the intended existence of this company. There are no statutes in North Carolina requiring the sole member and an LLC to enter such an agreement. Therefore, members are free to execute a verbal agreement, or a written agreement, or refrain from issuing one altogether. However, this leaves both the member and the company vulnerable to inquiry and without clear documentation of its structure, way of conducting business, and membership.
Templates (5)
eForms.com Version
LLCUniversity.com Version
HowToStartAnLLC.com Version
eSign.com Version