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Single Member Limited Liability Company LLC Operating Agreement - South Dakota 2026

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This document outlines the Operating Arrangement for a Single-Member Limited Liability Company (LLC) in South Dakota, established by an Initial Member. It details the formation, management, and operational guidelines of the LLC, including provisions for admitting additional members, handling contributions and distributions, voting rights, and procedures for member dissociation and dissolution. The arrangement emphasizes that the LLC will initially be taxed as a sole proprietorship and later as a partnership if more members join. It also includes stipulations regarding the transferability of interests and the maintenance of records.

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Click ‘Get Form’ to open it in the editor.
Begin by entering the name of your LLC in the designated field. This is crucial as it identifies your business entity.
Fill in the date of establishment and your name as the Initial Member. This section formalizes your role within the LLC.
Complete Article I by detailing the business purpose and registered office address, ensuring compliance with South Dakota regulations.
In Article II, specify your initial contribution amount, which represents your ownership interest in the LLC.
Review Articles III through IX carefully, filling out any necessary fields regarding management structure, voting rights, and dissolution procedures.
Finally, ensure all sections are completed accurately before saving and signing the document electronically for a seamless process.

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