An Oregon LLC operating agreement iterates an extensive summarization of allocated operational procedures to be maintained by a limited liability company. It entails specifics related to members’ roles and rights, ownership stake, initial investments, and revenue distributions.
Does Oregon Require an Operating Agreement?
No, but it is recommended. The agreement implements a record of business function expectations and enhances liability shelter.
By Type (2)
Multi-Member LLC Operating Agreement
– Validates an archive of instruction as to how an LLC with multiple owning entities plans on operating.
Download: Adobe PDF, MS Word (.docx)
Single-Member LLC Operating Agreement – A legitimate register assigned to nominate operating rules for a sole-owned limited liability company.
Download: Adobe PDF, MS Word (.docx)