The South Carolina single-member limited liability company operating agreement should be kept in the company records once it is executed. While South Carolina law allows for a verbal contract to be made, this should be considered inadvisable. As a written contract, the sole member of the South Carolina limited liability company will have a valid historical document of the LLC and his or her place in it along with its manner of conducting business.
South Carolina members should take every effort to make sure the language of the agreement they draft handles subjects such as their power as the only member or owner of the company, the division of assets between these two parties, and how the company will exist by meeting with an accountant or similar professional before signing it.
Templates (5)
eForms.com Version
LLCUniversity.com Version
HowToStartAnLLC.com Version
eSign.com Version
FormsPal.com Version
