Required in Oregon?
No. Businesses in Oregon are not legally mandated to implement an operating agreement.
By Type (2)
Single-Member LLC Operating Agreement – For use by a sole proprietor, to establish various aspects of their business and to provide separation of the owner’s personal assets and finances from business financials.
Download: PDF, MS Word (.docx), OpenDocument
Multi-Member LLC Operating Agreement – This form is provided for the use of a company or business that has one (1) or more contributing, managing members.
Download: PDF, MS Word (.docx), OpenDocument
State Definition
“Operating agreement” means any valid agreement, written or oral, of the member or members as to the affairs of a limited liability company and the conduct of the limited liability company’s business.