A West Virginia single-member LLC operating agreement is a document that outlines the internal structuring and operating procedures for a single-member limited liability company. In addition, the document enumerates the rights and obligations of the owner in relation to the company while also protecting the owner’s personal assets from company liabilities. While not required in West Virginia, an operating agreement may be required by financial institutions, insurance companies, or potential investors to prove the legitimacy of the company. The business will also receive additional tax benefits with the implementation of this document.