An Oregon single-member LLC operating agreement sets out the ownership and policies that will govern a limited liability company that has one (1) sole member. This document is usually drafted around the same time the Articles of Organization are filed with the Secretary of State to register the LLC. However, the agreement is not filed with the state and is not technically required by law.
An Oregon single-member LLC operating agreement sets out the ownership and policies that will govern a limited liability company that has one (1) sole member. This document is usually drafted around the same time the Articles of Organization are filed with the Secretary of State to register the LLC. However, the agreement is not filed with the state and is not technically required by law.