California Multi Member LLC Operating Agreement

California Multi Member LLC Operating Agreement

A multi-membered LLC is a company that has been established in California with more than one owner, also referred to as a “Member”. The agreement is to protect the members from each other and list the rules, bylaws, and function of the business. All members must be in agreement with the written form and once […]

California Single Member LLC Operating Agreement

California Single Member LLC Operating Agreement

[purchase_link id=”1029″ style=”button” color=”inherit” text=”Purchase”] The single member LLC operating agreement for California is designated for a company with one owner. The reason to create an agreement is for protecting the entity status of the company. In other words, any court may take a look at an LLC’s records to see if in fact it […]

The California LLC operating agreements act as the rulebook for the company’s; ownership information, member interest, management, registered agent information and any day-to-day operations of the entity. This form is to not be filed with any private or government agency but to kept in a safe place.

According to Statute 17701.01 thru 17701.17 all Califonia LLC’s are required to write an operating agreement

How to Form an LLC in California

The operating agreement is typically written after a company is formed by following the filing steps:

Step 1 – Select a business name, it must not coincide with another one located in the Secretary of State business database.

Fill in one of the articles of organization forms;

Domestic (LLC-1) – Most Popular – For individuals, who do not have to be a State resident, that would like to create a business located in the State of California. See Formation Laws (17702.01-17702.10)

Foreign (LLC-5) – For all current entities located in another State that would like to conduct business in the State. See Laws on Foreign Entities (17708.01-17708.09)

Step 2 – Write a check in the amount of $70 made payable to ‘California Secretary of State’.

Step 3 – Send the fee and articles of organization to the following address:

Secretary of State Document Filing Support Unit P.O. Box 944228 Sacramento, CA 94244-2280

Step 4 – After receiving the LLC back in the mail and certification that it has been legally formed, the applicant will need to file the Statement of Information. This may be filed online or in the paper form.

If the paper form is decided upon, the $20 fee must be attached and sent to:

Secretary of State, Statement of Information Unit, P.O. Box 944230, Sacramento, CA 94244-2300

Step 5 – Optional – The LLC is now formed, if the entity only be able to conduct business affairs after it has registered an employer identification number (EIN). This can be completed online or with Form SS-4.