Except as otherwise provided in ORS 63.441 or in the articles of organization or any operating agreement, all amendments to the articles of organization or any operating agreement must be approved unanimously by the members. Unless otherwise provided in the articles of organization or any operating agreement, the managers, if any, of the limited liability company may, but need not, propose or take a position recommending or disapproving any such proposed amendment.
ORS 63.444
Known as the Oregon Limited Liability Company Act
The act spans §§ 63–63 (137 sections).
1993 c.173 §74; 1995 c.93 §17; 1997 c.646 §9
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.