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Texas Single Member LLC Operating Agreement 2025

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The document is a Sole Member Operating Agreement for a Texas Limited Liability Company (LLC), outlining the formation, governance, and operational procedures of the LLC. It details the rights, powers, and obligations of the sole member, including capital contributions, distributions, liability limitations, and provisions for dissolution. The agreement emphasizes compliance with Texas laws and establishes the framework for managing the company's affairs.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Can LLC have only one member?

Owners of an LLC are called members. Most states do not restrict ownership, so members may include individuals, corporations, other LLCs and foreign entities. There is no maximum number of members. Most states also permit single-member LLCs, those having only one owner.

Can I write my own operating agreement?

The good news is that youre free to write your operating agreement in any way that you wish. There arent any legal requirements regarding what you must include in the agreement.

Why should an LLC with only one member still have an operating agreement?

Even though a single-member LLC might seem straightforward, the benefits of having an operating agreement cannot be overstated. This essential document provides legal protection, helps maintain limited liability, and ensures that your business is operated ing to your preferences rather than default state rules.

Does Texas recognize single member LLC?

A single-member LLC is formed by filing a Certificate of Formation with the Texas Secretary of State. The member can then file IRS Form SS-4 (the EIN Application) with the IRS to apply for and obtain an EIN for the LLC when an EIN is required.

How to create an operating agreement for a single member LLC?

What To Include in a Single-Member LLC Operating Agreement Name of LLC. Principal Place of Business. State of Organization/Formation. Registered Office and Registered Agent. Operating the LLC in Another State (Foreign LLC) Duration of LLC. Purpose of LLC. Powers of LLC.

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Does a single member LLC need an operating agreement in Texas?

Yes, even if you are the only member of your LLC, it is still a good idea to have an operating agreement. One of the reasons why youre starting an LLC is for the legal separation and protection of your personal assets from that of your business.