Single-Member LLC Operating Agreement Template - New Hampshire

Single-Member LLC Operating Agreement Template - New Hampshire

As there is only one owner in a Single-Member LLC, in New Hampshire there is no formal requirement by law to produce and draft a New Hampshire Single-Member LLC Operating Agreement . This does not suggest that you shouldn't do so anyway.

The document will contain details about the internal network of the company. This covers things such as the everyday procedures, the managers and what their specific role is within the company and of course - ownership rights. This isn't a definitive list as other clauses can be included, but the main purpose of the document is to distinguish the belongings of the owner, making clear what belongs to the company and what belongs to the owner. This means that if there is ever a situation where the company finds itself in debt - only the resources belonging to the company can be taken into account. Those belonging to the owner will remain with the owner.

If you are single-member and want to protect your possessions, you should start by modifying a New Hampshire Single-Member LLC Operating Agreement Template to insert the necessary details about you and your company.


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