Here is a Membermanaged Operating Agreement template available in 3 formats. This can be used for a Single-Member LLC or a Multi-Member LLC.An LLC Operating Agreement outlines the financial, legal, and working relationship policies and procedures among owners, members, and managers of your LLC. Note: You must file a Statement of Information (Form LLC-12), to change the business address(es) of the LLC or to change the name or address of the LLC's. 1.1 Formation and Qualification. The following is an explanation of how to fill out California Secretary of State Form LLC1 for filing. Why is the Operating Agreement for an LLC such an important document, and what questions should you be asking? Free consult 866-631-3470. An operating agreement lays out the structure and rules governing an LLC. It is the the primary document of an LLC.