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Yes. The California Revised Uniform Limited Liability Company Act defines an operating agreement as any agreement oral, in record, implied, or in any combination thereof of all the members of the limited liability company.Verbal LLC Operating Agreements are virtually impossible to enforce.

However, California, New York, Missouri, Maine, and Delaware are the only states that require operating agreements. Even though few states require them, it is merely good business practice to execute an Operating Agreement whether you're a single-member or multi-member LLC.

California LLCs are required to have an Operating Agreement. This agreement can be oral or written. If it's written, the agreementsand all amendments to itmust be kept with the company's records. Limited Liability Companies in New York must have a written Operating Agreement.

An operating agreement is a key document used by LLCs because it outlines the business' financial and functional decisions including rules, regulations and provisions.Once the document is signed by the members of the limited liability company, it acts as an official contract binding them to its terms.

Once you've created your anonymous holding company, you can start an anonymous LLC in any state by simply listing the holding company as the owner. Since no records tie you to the LLC and no records connect you to the anonymous holding company, your ownership interest in the LLC remains private.

How to Use an Anonymous Trust to Hide Company Ownership?Form an anonymous trust. A series LLC can reduce legal liability but does not stop the lawsuit from being filed.List the anonymous trust as a member of the LLC. You can list your anonymous trust as one of the members of the LLC.Take advantage of the anonymity.

California LLCs are required to have an Operating Agreement. This agreement can be oral or written.

Most states don't require LLCs to draft an operating agreement. However, most states do provide that, if an LLC drafts such an agreement, it will be legally binding.

An operating agreement is a key document used by LLCs because it outlines the business' financial and functional decisions including rules, regulations and provisions. The purpose of the document is to govern the internal operations of the business in a way that suits the specific needs of the business owners.

An operating agreement is mandatory as per laws in only 5 states: California, Delaware, Maine, Missouri, and New York. LLCs operating without an operating agreement are governed by the state's default rules contained in the relevant statute and developed through state court decisions.