An operating agreement is required for all LLCs setup in California. When you form your California LLC spend time to make sure that your operating agreement is complete and provides an adequate roadmap for your company and its members.
In California an LLC is filed with the secretary of state. The operating agreement however, is not filed with the Secretary of States Office. It is a document that is maintained by the LLC to provide a roadmap to the members of the LLC. It will detail how the members and managers should operate within specific situations.
Having an operating agreement is required in California
The operating agreement is flexible, and you can include and exclude certain articles as they apply to your situation. Some of the more frequent inclusions to an operating agreement are:
Form a California LLC
California Corporations Code