"It's Just Me": Why Single-Member New York LLCs Need an Operating Agreement the Most
Published on 12/15/2025
The reality of doing business in New York State is that, without an Operating Agreement, a court may view your LLC as a "sole proprietorship" in disguise. If you are sued, your personal savings could be at risk because you failed to prove the business is a separate entity.

The Operating Agreement is your primary evidence in court that the business is distinct from you personally. You cannot open a business account at most major NY banks without presenting this document.
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Disclaimer: This guide is for informational purposes only and does not constitute legal advice.