Oregon Multi-Member LLC Operating Agreement Template
The partners' agreement for an LLC with two or more owners: who decides what, how money moves, and what happens when someone leaves. This edition of the form is completed for Oregon: the governing statute, filing office and document names below are already typed in, and the clauses Oregon law treats differently from the state-neutral version have been adjusted.
Buy and download
What the Oregon edition already fills in
Governing law line on the cover: Oregon — Oregon Limited Liability Company Act, ORS ch. 63.
| Item | Oregon |
|---|---|
| LLC statute | Oregon Limited Liability Company Act, ORS ch. 63 |
| Formation document (LLC) | Articles of Organization |
| Filing office | Oregon Secretary of State, Corporation Division |
| Annual filings | Annual report on the anniversary of formation |
| Final filing on dissolution (LLC) | Articles of Dissolution |
| Publication requirement | None |
| Community property | No — common-law (separate) property state; the spousal acknowledgment is optional |
What is inside
- Key Terms table with every fill-in field on one page
- Manager-managed structure with a Major Decisions list
- 704(b) capital accounts and distribution rules
- Right of first refusal and buyout on death, disability or withdrawal
- Spousal acknowledgment for community-property states
- Instruction Sheet: every field, every choice, after-signing checklist
How it works
- Buy and download the zip (Word .docx files).
- Open the Instruction Sheet; it explains every field in plain language.
- Open the Oregon edition and replace each yellow [BRACKETED FIELD].
- Delete the cover page, print or sign electronically, keep the signed original with your records.
Questions
Is this multi-member llc operating agreement valid in Oregon?
Yes. The Oregon edition is the state-neutral form with the Oregon statute, filing office and document names typed in, and the clauses Oregon treats differently adjusted. It is a template you complete yourself; have an attorney licensed in Oregon review it if your situation is unusual.
What file do I get?
A zip with the Oregon edition and all other 50 state editions, each as Word (.docx) files in English and Spanish, plus the Instruction Sheet. Open in Microsoft Word, Google Docs or LibreOffice.
How do I complete it?
Open the Instruction Sheet first. Replace each yellow [BRACKETED FIELD] with your information, delete the options you do not use, delete the cover page, then print or e-sign.
Do I need a notary or a lawyer?
The Instruction Sheet says when a signature needs a notary and lists the situations where the form is not enough and an attorney should review it.
Other Oregon templates
- Oregon Single-Member LLC Operating Agreement
- Oregon LLC Resolutions and Written Consents Pack
- Oregon LLC Membership Interest Purchase Agreement (Member Buyout)
- Oregon LLC Dissolution and Winding-Up Kit
- Oregon Corporate Bylaws and Organizational Consents
- Oregon Corporate Resolutions and Secretary's Certificates Pack
- Oregon Non-Disclosure Agreement (NDA)
- Oregon Independent Contractor Agreement
- Oregon Services Agreement (Provider-Side)
- Oregon Promissory Note with Optional Guaranty
- Oregon Commercial Lease Agreement
- Oregon Employment Offer Letter + Employee Confidentiality Agreement
Multi-Member LLC Operating Agreement in other states
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