You could already have a Limited Liability Company (LLC) or you could just be setting up an LLC. Yes, you need to know, because nobody is going to protect your assets like you, and the operating agreement is the key to setting up and operating an LLC that will actually protect you. Get the easily customizable version of our Operating Agreement Template and spend 90 minutes with my audio instructions so I can show you what you need to do to get the most protection and the best savings from your LLC.
The fact is that in almost every state LLC statute there is specific language that states if the members and managers of an LLC do not maintain the formalities of having an LLC, that the court may not pierce the corporate veil on that point alone. Many websites that are trying to sell you a bunch of LLC forms and services will tell you that if you don’t have a real solid single member LLC operating agreement that you will lose your protection.
The reason why the single member LLC was created was for a single owner to be able to have personal asset protection from the actions of the LLC without the corporate formalities. The laws governing an LLC in your state are the laws, regardless of what your single member LLC operating agreement says. Just remember: your asset protection lies in keeping yourself separate from your single member LLC and the strength of your state’s LLC provisions. If you’re looking for a no-nonsense company to help you form and maintain your LLC—and you don’t want to worry about overpaying for a bunch of junk you don’t need—you’ll love working with our company.
The way LLCs’ veils get pierced is if a single member LLC owner does not maintain true separation from the LLC. The best way to protect your assets from the actions of a single member LLC is to keep everything completely separate. If you have two members fighting amongst themselves the manager managed LLC operating agreement would have everything to do with the entire court ruling in that case.

What if after reading this, I choose to believe the 20 other websites selling LLC operating agreements? The following Texas LLC operating agreement covers important items in your Texas LLC management.
Texas LLCs are formed by filing a Texas certificate of formation with the Texas Secretary of State. If you would like to hire us as your Texas agent for service of process for your Texas LLC, you’ll have all the benefits of our online Texas LLC tools to maintain and manage your Texas LLC. Then use your LLC to make money, get the asset protection, and save a ton of taxes.  Your LLC is your best tax shelter, if you use it right it is worth thousands of extra dollars in your pocket. Now there are some different ways you could structure your LLC agreement, but if you need these clauses, you shouldn’t be buying a form for $30 anyway… You should be consulting an attorney.
We’ve provided a free single member LLC operating agreement template that is a complex fill in the blank document that can be further customized, or for those of you desiring simplicity, you can use our print and sign single member LLC operating agreement sample as well. Translation: if you are a single member LLC and pay for all your personal stuff out of the LLCs checking account, you are opening yourself up to a judge possibly saying you and the LLC are the same entity. Or if there was a dispute of the actions of one member or one manager and the validity of an action of that member or manager with an outside party, you would see the LLC operating agreement come into play. Most States would call the filing a Texas LLC articles of organization, but Texas calls it a certificate of formation. It won’t hurt and if anything, if you take a little bit of time and read through ours and sign it, you’ll be smarter than before you started. The single member LLC operating agreement could say some fancy things like allowing its members to pay for personal things out of the company checking account, but at the end of the day, that behavior will open you up to a judge deciding your fate.

It’s simple, if you need money from the company, the company pays you a lump sum distribution on a regular basis to cover these expenses, or you pay yourself a regular W2 wage.
We’ve taken a lot of effort to simplify and minimize excess and obtuse language often found in single member llc operating agreements. We go over the filing with you before we proceed to make sure we’re doing what exactly what you really need done.
No single member LLC operating agreement is going to save you from your opponent piercing the corporate veil if you use your LLC bank account to pay for personal items like entertainment, food, personal vacations, etc… If you use your LLC bank account as your personal piggy bank, you will lose your liability protection regardless of paying $5,000 for a single member llc operating agreement.
If the single member LLC has expenses, the single member LLC pays for those expenses out of the single member LLC checking account. You could draft a 30-page single member LLC operating agreement and a 5-page articles of organization document for your LLC, but the state laws and court rulings will trump any single member LLC operating agreement if the agreement is contradictory to the LLC law of your state. The funny thing about single member LLC operating agreements is that they almost NEVER enter a court.
Ask your attorney how many times he or she has had to produce a single member LLC operating agreement in court.

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