An Idaho Single-Member LLC Operating Agreement is a form that is created by a business owner if they happen to be the only company owner. The document is needed to record specifics about the organizational structure of the business, establish business ownership and provide information about the management team. It will clearly detail the responsibilities, rules, and regulations that are implemented in your company.
Despite not being implemented legally in the state of Idaho, the general recommendation is to still draft up the document. As the document contains all important information regarding the business, it will ensure that the private reserves of the company owner will not be confiscated in the event of a legal claim against the business. To save time, we recommend using an Idaho Single-Member LLC Operating Agreement Template that would need to be edited by inserting the appropriate information regarding the business and members. You may also want to have this document notarized but before doing so you must ensure all of the information contained within the document is valid.
Still looking for a particular template? Take a look at the related templates and forms below: