Oregon LLC Operating Agreement

Oregon LLC operating agreements are made to specifically define the contributions, benefits, and responsibilities of company owners, managers, and members. This contract also associates a date with the LLC’s formation and contains its rules of operation.

Last updated December 6th, 2024

Oregon LLC operating agreements are made to specifically define the contributions, benefits, and responsibilities of company owners, managers, and members. This contract also associates a date with the LLC’s formation and contains its rules of operation.

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Is it Required in Oregon?

No. Oregon has no state laws that demand LLCs in this state to have an operating agreement but responsible company owners recommend drafting and executing a robust one in writing. (Oregon Limited Liability Company Act)

By Type (2)

State Definition

“Operating agreement means the contract defining how a company conducts business that is issued by company members, managers, and owners (signed or verbally agreed to);

Oregon Revised Statutes (ORS) 63.057