Your site has been very helpful. I learned a lot (I might as well train in California if I do business there). I`m sorry, but I could also get a copy of the company agreement for members under management. Hello, Samantha, thank you for the kind words. And I`m glad our site was so helpful. Before I deal with the theme Manager-managed vs. Member-managed, I would just like to add a note saying that she is the organizer LLC and that she keeps your documentation in order. Since you are the one making the LLC for your son, you are the organizer of the LLC and sign the Organization`s California Articles. Your son`s name is not on the organization`s by-articles because California does not require member information in this form. So, after signing as an organizer and approving the LLC, you can sign a statement from the LLC organizer instead of the organizing meeting, resign as an LLC organizer, and appoint your son as a member.
In addition, your son should sign an LLC company agreement. When it comes to Manager-Managed vs Member-managed, I think you could go both ways. You can choose to manage the LLC as a manager in the organization`s by-articles. Then sign a manager-managed company agreement in which your son appoints you as manager. Thereafter, you are the only one entitled to bind the LLC to contracts and agreements. In other words, only you will be able to act on behalf of the LLC. However, your son, who is a member, has the power to withdraw you as a manager, because he is the only member (and does not need the agreement of other members, since there is none). However, I think a simpler option is to simply create a member-managed LLC, where your son is known as a managing member. He has all the authority and right to bind the LLC to contracts and agreements. However, you can simply be a „consultant“ or an independent contractor and do what you are already doing. Supervise and manage until your son has enough experience and maturity to take matters upon himself.
You could make such an agreement orally, but it is best to write it down in writing.