The New Hampshire single-member LLC operating agreement is an internal document that details how a limited liability company with one (1) owner will operate. The agreement needn’t be filed with the Secretary of State alongside the Certificate of Formation.
The operating agreement details the member’s authority, rights, and obligations, and it helps aid in protecting them from financial liability in the event of legal action filed against the LLC. Provisions are provided in the event of the owner’s death or should the owner choose to dissolve the company. Furthermore, the document helps aid in protecting its owner from liability to third parties and litigation.