A Utah single-member LLC operating agreement governs the internal affairs of an LLC consisting of one member. Even though the company has only one member, a written operating agreement is useful for proving ownership, outlining rules and procedures, reinforcing the separation of personal and business finances, and limiting legal liability.
A Utah single-member LLC operating agreement governs the internal affairs of an LLC consisting of one member. Even though the company has only one member, a written operating agreement is useful for proving ownership, outlining rules and procedures, reinforcing the separation of personal and business finances, and limiting legal liability.
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