Oregon Llc Operating Agreement Template – US

Disclaimer

The information provided is intended solely as a general example for understanding the formation and operating terms of a limited liability company in the United States. It does not constitute legal advice and should not be relied upon as a substitute for consulting a qualified attorney experienced in corporate law and state-specific regulations. Legal requirements and procedures may differ based on jurisdiction, and modifications may be necessary to ensure compliance. The use of this example is at the user’s own risk, and no liability is assumed for any errors, omissions, or consequences resulting from its use without professional legal review.

Please note: This is a sample Oregon LLC Operating Agreement template, provided here for illustrative purposes only. Actual agreements may differ based on specific legal requirements and the unique needs of the LLC.

Oregon LLC Operating Agreement Sample

Members:

Member 1: XYZ Holdings LLC
Address: 123 Business Rd., Portland, OR 97214

Member 2: ABC Partners LLC
Address: 456 Commerce St., Portland, OR 97201

Formation and Name:

This LLC was formed under the laws of the State of Oregon, named “XYZ Oregon LLC,” effective as of the date filed with the Oregon Secretary of State.

Purpose:

The purpose of this LLC is to conduct lawful business activities in Oregon, including but not limited to real estate investment, development, and management.

Capital Contributions:

Members shall contribute capital as outlined in Schedule A, and additional contributions shall be made only with the unanimous consent of all members.

Management and Voting:

This LLC shall be managed by the members. Each member shall have voting rights proportional to their ownership interest. Decisions require majority consensus unless otherwise specified.

Profits and Losses:

Profits and losses shall be allocated among members proportionally to their capital contributions, payable annually or as determined by the members.

Transfer of Interests:

Interests in the LLC shall not be transferred without the prior written consent of all other members.

Dissolution:

The LLC may be dissolved upon unanimous approval of the members, with assets liquidated according to law and member interests.

Governing Law:

This Operating Agreement shall be governed by the laws of the State of Oregon. Disputes shall be resolved within Oregon courts.

Additional Provisions:

• Members agree to act in good faith and in the best interest of the LLC.
• Amendments to this agreement require written consent of all members.
• Accounting records shall be maintained accurately and available for inspection.

Portland, ______________________