New Mexico LLC Operating Agreement

New Mexico LLC operating agreements are written contracts between a business’s owners, members, managers, and partners to solidify their roles, benefits, and contributions. These agreements also outline company rules and protocols.

Last updated September 15th, 2026

Is it Required in New Mexico?

No, New Mexico does not require an LLC to have an operating agreement, but operating agreements must be in writing to be enforceable. (New Mexico Article 19, 53-19-65)

By Type (2)

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

Download: PDF, MS Word (.docx)

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

Download: PDF, MS Word (.docx)

State Definition

“Operating agreement” is the written and signed contract that New Mexico LLC owners, partners, managers, and members execute to define the guidelines and procedures their company follows;

NM Stat § 53-19-2 (2023)

Sample

Download: PDF, MS Word

New Mexico LLC Operating Agreement