Oregon Code § 63.771·Enacted ·Last updated March 01, 2026
Statute Text
Limited
liability company records.
(1) Each limited liability company shall keep at an office specified in the
manner provided in any operating agreement or, if none, at the registered
office, the following:
(a) A current
list of the full name and last-known business, residence or mailing address of
each member and manager, both past and present.
(b) A copy of the
articles of organization and all amendments thereto, together with executed
copies of any powers of attorney pursuant to which any amendment has been
executed.
(c) Copies of the
limited liability companys federal, state and local income tax returns and
reports, if any, for the three most recent years.
(d) Copies of any
currently effective written operating agreements and all amendments thereto,
copies of any writings permitted or required under this chapter, and copies of
any financial statements of the limited liability company for the three most
recent years.
(e) Unless
contained in a written operating agreement or in a writing permitted or
required under this chapter, a statement prepared and certified as accurate by
a manager of the limited liability company which describes:
(A) The amount of
cash and a description and statement of the agreed value of other property or
services contributed by each member and which each member has agreed to
contribute in the future;
(B) The times at
which or events on the occurrence of which any additional contributions agreed
to be made by each member are to be made; and
(C) If agreed
upon, the time at which or the events on the occurrence of which the limited
liability company is dissolved and its affairs wound up.
(2) Any limited
liability company records are subject to inspection and copying at the
reasonable request, and at the expense, of any member during ordinary business
hours.
(3) Failure of
the limited liability company to keep or maintain any of the records or
information required pursuant to this section shall not be grounds for imposing
liability on any person for the debts and obligations of the limited liability
company. [1993 c.173 §96; 1999 c.86 §22]
Plain English Explanation
This Oregon statute addresses Limited
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 63.771
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Limited
. Read the full statute text above for details.
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