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Oregon does not require LLCs to possess operating agreements, but it's still a good idea for you to draft one. An LLC operating agreement is not required in Oregon, but is highly advisable.This is an internal document that establishes how your LLC will be run. Some LLCs, depending on the number of members, may think an oral agreement is sufficient enough to run a business. So, an LLC in Oregon can function without one. Need to save time? (5 items)1 of 4Mar 13, 2022 — Main Purpose. They provide a way to outline how the business will be operated. Certain Definitions. 1.1.