Updated on October 15th, 2021
A Florida single-member LLC operating agreement is designed to structure and regulate the inner workings of an LLC with one (1) individual owner. It outlines the policies by which the company will be required to operate. It also explains what should happen upon certain future events, such as the death or disability of the owner. An operating agreement can be used to prove that the owner is separate from the entity and, therefore, should not be held responsible for the company’s debt and liabilities.