Download a free California LLC Operating Agreement. List LLC Members, how profits are split, and how your LLC is taxed.Create and personalize your LLC operating agreement template with Form Pros in 3 easy steps. A California LLC operating agreement is a legally enforceable contract that describes the ownership structure, management structure, and operational processes An LLC Operating Agreement is a legal document for LLC members to document how their business will be run. This document provides step-by-step instructions for completing Form LLC-1 to establish a limited liability company. LLC Operating Agreement for download. List LLC Members, how profits are split, how LLC is taxed. An operating agreement for corporation is a document similar to bylaws that limited liability companies (LLCs) use.