Colorado LLC Operating Agreement

A Colorado LLC operating agreement formally names each company owner or member and governs their interactions while assigning each one’s rights and roles. It also clearly describes how the company’s business is run.

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Last updated September 15th, 2026

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A Colorado LLC operating agreement formally names each company owner or member and governs their interactions while assigning each one’s rights and roles. It also clearly describes how the company’s business is run.

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Is it Required in Colorado?

No. Colorado does not impose any state law requirements obligating an LLC or its members to execute an operating agreement, but it is considered a wise precaution.(CO Code § 7-80-108 (2022))

By Type (2)

Single-Member LLC Operating Agreement – For a company with one member.

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Multi-Member LLC Operating Agreement – For a company with two or more members.

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State Definition

“Operating agreement” is the agreement that governs an LLC’s affairs and explicitly identifies each owner or member and their exact role;

Colorado Revised Statutes Section 7-80-102

Sample

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