Idaho LLC Operating Agreement

An Idaho LLC operating agreement details a company’s procedures in addition to naming and defining each manager, officer, and member. It is an especially powerful tool when put in writing.

Last updated December 6th, 2024

An Idaho LLC operating agreement details a company’s procedures in addition to naming and defining each manager, officer, and member. It is an especially powerful tool when put in writing.

  1. Home »
  2. Operating Agreements »
  3. Idaho

Is it Required in Idaho?

No. Idaho has no legal statute requiring LLCs to have an active operating agreement, but it is considered a basic necessity since it is useful when opening a company bank account or applying for a business loan. (Idaho Statute § 30-25-105)

By Type (2)

State Definition

“Operating agreement” is a written or oral contract between LLC owners and members where the LLC rules and roster is documented;

Idaho Statute § 30-25-102