Not required by statute; the act defines the operating agreement (oral, implied or in a record) and lets it govern most matters (A.R.S. § 29-3105). Fill in the form to build a Arizona operating agreement for a single-member or multi-member LLC, governed by the Arizona Limited Liability Company Act. Download it as PDF or Word and keep the signed copy with the company records; it is not filed with the state.
This template is a starting point, not legal advice, and Jupid is not a law firm. LLC law differs by state, and Arizona courts apply Arizona law. Have an attorney licensed in your state review the agreement before every member signs, especially if members contribute property, receive unequal rights, or plan to bring in investors.
Company
Governed by the Arizona Limited Liability Company Act. Not required by statute, but strongly recommended. Arizona rules
Owners
Member
Management
Match what your Articles of Organization says, if it states the management structure.
Taxes
Succession
Lets the LLC continue without a gap in ownership. Coordinate with your will or trust.
Live preview: 11 articles
A Arizona single-member, member-managed limited liability company
This Operating Agreement (this "Agreement") of Blue Harbor Studio LLC (the "Company") is made effective as of March 2, 2026 (the "Effective Date") by its sole member listed in Schedule A (the "Member").
1.1 Formation. Blue Harbor Studio LLC (the "Company") was formed as a Arizona limited liability company on March 2, 2026 by filing its Articles of Organization with the Arizona Corporation Commission. The Arizona Limited Liability Company Act (the "Act") and this Agreement govern the Company. Where this Agreement differs from a default rule of the Act, this Agreement controls to the extent the Act allows.
1.2 Purpose. The purpose of the Company is graphic design, branding and marketing services, and any other lawful business for which a limited liability company may be formed under the Act.
1.3 Principal Office. The Company's principal office is at 1200 Main Street, Suite 300, Phoenix, AZ, or at another place the Member chooses.
1.4 Registered Agent. The Company's registered agent and registered office in Arizona are those stated in its most recent filing with the Arizona Corporation Commission.
1.5 Term. The Company continues until it is dissolved and its affairs are wound up under Article 10.
1.6 Publication. Within 60 days after the Arizona Corporation Commission files the Articles of Organization, the Company will publish notice of the filing for three consecutive publications in a newspaper of general circulation in the county of its statutory agent's street address, as A.R.S. § 29-3201 requires, unless that county has more than 800,000 residents and the Commission enters the information in its database instead.
2.1 Sole Member. Alex Rivera (the "Member") is the sole member of the Company and owns 100% of the membership interests. The Member's address and Capital Contribution are listed in Schedule A.
2.2 Capital Contribution. The Member has contributed or will contribute the money, property or services stated in Schedule A. The Member is not required to make any additional contribution but may do so at any time.
2.3 No Interest on Capital. The Member earns no interest on its Capital Contributions. A loan from the Member to the Company is not a Capital Contribution.
3.1 Profits and Losses. All profits and losses of the Company are allocated to the Member.
3.2 Distributions. The Member decides when the Company makes distributions and in what amounts.
3.3 Limits on Distributions. The Company will not make a distribution if, after the distribution, the Company could not pay its debts as they become due in the ordinary course of business, its total liabilities would exceed its total assets, or the distribution would otherwise violate the Act.
4.1 Classification. The Company has one Member. Under Treasury Regulations Section 301.7701-3(b)(1)(ii), it is disregarded as an entity separate from its owner for federal income tax purposes unless the Member elects otherwise by filing IRS Form 8832 or Form 2553. Being disregarded for income tax purposes does not change the Company's separate legal existence or the Member's limited liability under the Act.
5.1 Management by the Member. The Company is member-managed. The Member has full authority to run the business, sign contracts, open accounts and take any other action for the Company. The Member may act by signing a written consent and is not required to hold meetings.
5.2 Officers and Agents. The Member may appoint officers or agents, give them titles and delegate authority to them in writing.
6.1 Transfers. The Member may transfer all or part of its membership interest. A person who receives the Member's entire interest is admitted as a member when the transfer takes effect.
6.2 Additional Members. The Member may admit additional members by written consent. When a second member is admitted, the members will sign an amended operating agreement that covers voting, distributions and transfers. Once the Company has two or more members, it is classified as a partnership for federal income tax purposes unless it has elected to be taxed as a corporation.
7.1 Successor on Death. On the Member's death, the person who inherits the Member's interest under the Member's will or trust or under the laws of intestacy succeeds to the Member's entire interest and is admitted as the member effective as of the date of death, so that the Company continues without dissolution. Until the successor is admitted, the Member's personal representative may exercise all of the Member's rights to manage the Company.
7.2 Incapacity. If the Member becomes unable to manage the Company because of a physical or mental condition, the Member's agent under a durable power of attorney, or a court-appointed guardian or conservator, may exercise the Member's management rights until the Member can act again.
8.1 Books and Fiscal Year. The Company keeps complete and accurate books of account. Its fiscal year is the calendar year unless tax law requires otherwise, and its books are kept on the cash or accrual method the Member chooses for its tax returns.
8.2 Records. The Company keeps the records required by A.R.S. § 29-3410, at the location that section requires, including a copy of its Articles of Organization and all amendments, this Agreement and all amendments, a current list of its Member with addresses, Capital Contributions, and its federal, state and local tax returns and financial statements for at least the three most recent years.
8.3 Bank Accounts. All Company money is deposited in accounts in the Company's name and used only for Company purposes. Company funds are never mixed with the personal funds of the Member. The Member, and anyone they authorize in writing, may sign on Company accounts.
8.4 Separate Existence. The Company holds itself out as a legal entity separate from the Member. It signs contracts in its own name, pays its debts from its own funds, keeps its own books and accounts, and does not pay the personal expenses of the Member. These practices help preserve the limited liability the Act gives to the Member.
9.1 Limited Liability. To the fullest extent the Act allows, no Member or officer is personally liable for any debt, obligation or liability of the Company, whether arising in contract, tort or otherwise, solely because of that role. A failure of the Company to observe formalities is not a ground for imposing personal liability on the Member.
9.2 Exculpation. No Member or officer is liable to the Company for any act or omission in good faith on behalf of the Company, except for gross negligence, willful misconduct, a knowing violation of law, a transaction from which the person received an improper personal benefit, or a breach of this Agreement.
9.3 Indemnification. To the fullest extent the Act allows, the Company will indemnify and hold harmless the Member and each officer against losses, judgments, settlements and reasonable legal fees arising from claims related to the Company's business, except for conduct listed as an exception in Section 9.2. The Company may advance legal fees if the person agrees in writing to repay them if it is later determined that the person was not entitled to indemnification.
9.4 Insurance. The Company may buy insurance on behalf of any person it may indemnify.
10.1 Events of Dissolution. The Company dissolves only on:
10.2 Winding Up. On dissolution, the Member will wind up the Company's affairs, sell or distribute its assets, and file the dissolution or cancellation documents the Arizona Corporation Commission requires.
10.3 Order of Payment. Company assets are applied in this order: first, to creditors, including the Member if it is a creditor, in satisfaction of the Company's debts; second, to reasonable reserves for contingent liabilities; and third, to the Member.
11.1 Governing Law. This Agreement is governed by the laws of the State of Arizona, including the Arizona Limited Liability Company Act (A.R.S. § 29-3101 et seq.).
11.2 Entire Agreement. This Agreement, including its schedules, is the entire agreement of the Member about the Company and replaces any earlier oral or written agreement on the same subject.
11.3 Amendments. This Agreement may be amended only by a writing signed by the Member.
11.4 Severability. If any provision of this Agreement is held invalid or unenforceable, the rest of the Agreement stays in effect, and the provision is enforced to the greatest extent allowed.
11.5 Binding Effect; No Third-Party Beneficiaries. This Agreement binds and benefits the Member and its permitted successors and assigns. No creditor or other third party may enforce it.
The Member signs this Agreement effective as of the Effective Date.
Date: ________________
| Member | Address | Capital contribution | Percentage interest |
|---|---|---|---|
| Alex Rivera | 48 Oak Lane, Phoenix, AZ | $5,000 (Cash) | 100% |
| Total | $5,000 | 100% |
Template from jupid.com. Not legal advice; Arizona law varies, so have an attorney review this document before signing.
Everything stays in your browser. A draft is saved on this device so you can come back to it.
Need to form the LLC first?
Jupid's AI agent prepares and files your formation paperwork. You pay only the Arizona filing fee, and Jupid keeps the books and taxes on track after filing.
LLC statute
Arizona Limited Liability Company Act (A.R.S. § 29-3101 et seq.)
Required?
Not required by statute; the act defines the operating agreement (oral, implied or in a record) and lets it govern most matters (A.R.S. § 29-3105).
Filed with the state?
No. You file the Articles of Organization with the Arizona Corporation Commission; the operating agreement stays with the company records.
What the statute calls it
operating agreement
Records rule
The LLC must keep a copy of all current and prior written operating agreements and amendments (A.R.S. § 29-3410(A)(3)).
Annual or biennial report
None. Arizona LLCs do not file an annual report with the Arizona Corporation Commission.
Series LLCs
Not authorized (no series provisions in A.R.S. Title 29, Chapter 7)
Community property state
Yes. Spouses who own an LLC as community property may treat it as a disregarded entity or a partnership (IRS Rev. Proc. 2002-69). The template's spousal consent exhibit is on by default.
Publication
Within 60 days after the Commission files the articles, publish notice in a newspaper of general circulation in the county of the statutory agent's street address for three consecutive publications, unless that address is in a county of more than 800,000 people, in which case the Commission enters the information in its database (A.R.S. § 29-3201(G)).
Arizona LLCs are governed by the Arizona Limited Liability Company Act (A.R.S. § 29-3101 et seq.). The act defines the operating agreement as the agreement of all the members, including a sole member, "whether oral, implied, in a record or in any combination thereof" (A.R.S. § 29-3102(17)). Nothing in the act orders members to adopt one. The agreement governs relations among the members, the duties of managers, the company's activities and the way the agreement is amended, and where it conflicts with the act the agreement generally governs, subject to the limits in § 29-3105(C) and (D) (A.R.S. § 29-3105).
The agreement is not filed with the Arizona Corporation Commission. The articles of organization must state whether the company is member-managed or manager-managed and list the members, or the managers plus each member owning a 20 percent or greater interest (A.R.S. § 29-3201(B)). The company must keep a copy of all current and prior written operating agreements and their amendments (A.R.S. § 29-3410(A)(3)).
Management is reserved to the members unless the articles of organization provide for managers (A.R.S. § 29-3407(A)). In a member-managed company each member may act within the ordinary course, while a majority in interest of the members, measured by their interests in profits, decides matters outside the ordinary course but within the company's purpose, known differences among members, and whether to make an interim distribution (A.R.S. §§ 29-3102(12), 29-3407(B)). All members must agree to amend the operating agreement, act outside the company's purpose, switch to manager management or issue a transferable interest to anyone (A.R.S. § 29-3407(B)(4)).
Distributions before dissolution are made in equal shares among members and dissociated members (A.R.S. § 29-3404(A)). A member may withdraw at any time by express will, though withdrawal in breach of an express term of the agreement is wrongful (A.R.S. § 29-3601). Dissociation does not entitle the person to a distribution (A.R.S. § 29-3404(B)), and the departing member keeps the interest only as a transferee (A.R.S. § 29-3603(A)(3)). A transferee receives distributions but cannot participate in management (A.R.S. § 29-3502).
Within 60 days after the Commission files the articles, a notice must be published in a newspaper of general circulation in the county of the statutory agent's street address for three consecutive publications. If that address is in a county with more than 800,000 people, the Commission instead enters the information in its database (A.R.S. § 29-3201(G)).
Arizona is a community property state. A married couple who own an LLC as community property may have it treated as a disregarded entity or as a partnership for federal tax purposes under IRS Rev. Proc. 2002-69, and the agreement can record the treatment they choose. Arizona LLCs do not file annual reports with the Commission, according to its business FAQs. The act contains no series LLC provisions. Check the current statute before relying on a default rule.
Arizona statute sections and agency pages checked October 2026. Statutes change; confirm the current text before relying on a default rule.