Maine LLC Operating Agreement

A Maine LLC operating agreement must be executed by at least one company owner or member and the concerned company. This contract is a separate document from the LLC’s articles of formation and details company structure, membership requirements, and rights.

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Last updated September 15th, 2026

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A Maine LLC operating agreement must be executed by at least one company owner or member and the concerned company. This contract is a separate document from the LLC’s articles of formation and details company structure, membership requirements, and rights.

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Is it Required in Maine?

Yes. Maine law mandates the adoption of an LLC operating agreement in order for sole-member or multi-member LLCs to conduct business in this state. (Maine Statute Title 31, §1531)

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,” or limited liability company agreement, is the required contract defining LLC owners, members, and company activities;

Maine Statute Title 31, §1502

Sample

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