What are the Oregon LLC Articles of Organization?

Portland, Oregon Business Lawyer can advise you regarding the choice of entity and prepare the legal documents to form an Oregon LLC.

How is an Oregon Limited Liability Company (LLC) formed?

An LLC is are formed in the State of Oregon by filing Articles of Organization with the Corporations Division of the Oregon Secretary of State.

What does it cost to form an Oregon Limited Liability Company (LLC)?

The filing fee is $50 for the initial formation and for each subsequent year as a renewal fee.

What is the source of law for Oregon Limited Liability Companies (LLCs)?

Limited Liability Companies (LLCs) are authorized to come into existence by the each state and each state sets the rules for the operation of LLCs. In Oregon, LLCs are regulated by Oregon Revised Statutes (ORS) Chapter 63.

When does an LLC begin its legal existance?

An Limited Liability Company (LLC) begins to exist when the Articles of Organization are filed with the State of Oregon.

What LLC documents are part of the public record?

  • The Articles of Organization are a public document and contain information on the name of the LLC, who the LLC is managed by, and the registered agent’s name and address. The Annual Report is also a public document, and after the first year this document includes disclosure of members of the LLC.
  • The Operating Agreement of the Limited Liability Company (LLC) is not filed with the State of Oregon, and hence is not part of the public record. Of course, the Operating Agreement is relevant to resolving disputes over ownership and decisions and it will need to be produced in the event of litigation.

How often does an LLC need to renew?

After the first year, the State of Oregon requires that the LLC’s Annual Report list the names of the officers of the LLC.

What optional provisions or clauses can be included in the LLC Operating Agreement?

A Limited Liability Company (LLC) may include articles that protect members of the LLC by providing “public notice” of certain provisions. These provisions are public if included in the Articles of Organization rather than in the Operating Agreement. Only information specified in ORS 63 is required to be included, any other informatoin is optional and should be only included if there is a compeling reason to do so.

Do the Articles of Organization need to include an expiration date?

No. While in the past that was common practice to do so for tax reasons, the tax code has changed and it is not necessary to limit the duration of an LLC.

Contact our law firm by CFLink or call Andrew Svitek Portland, Oregon Business Lawyer at (503) 274-9001, or Kelly O’Brien, Bend, Oregon Business Lawyer at (541) 330-9850.

We work with business owners to form or create an Oregon Limited Liability Company (LLC), or to draft or review an Oregon Legal Contract; or to provide general legal counsel to an Oregon LLC in an effort to prevent legal problems.

We also make available legal articles on Oregon LLC Laws and Oregon Business Law. Otherwise, return to Oregon Business Lawyer.