Is it Required in Arizona?
No. The State of Arizona does not obligate owners, organizers, or members to sign an operating agreement before or after submitting their articles of organization; however, setting one in place defines the entity’s policies, structure, and each member’s accountability. (ARS-29-3205)
By Type (2)
State Definition
“Operating agreement” is a document company member rights and responsibilities as well as their companies conduct and activities.