A. A limited liability company is bound by and may enforce the operating agreement, whether or not the company has itself manifested assent to the operating agreement.
B. A person that becomes a member is deemed to assent to the operating agreement.
C. Two or more persons intending to become the initial members of a limited liability company may make an agreement providing that on the formation of the company the agreement will become the operating agreement. One person intending to become the initial member of a limited liability company may assent to terms providing that on the formation of the company the terms will become the operating agreement.
Note: As of September 1, 2020, this statute applies to all Arizona LLCs . The text above shows the statute as of September 22, 2022. To see if the Arizona legislature modified this statute after September 22, 2022, go the the Arizona legislature's website for Title 29, Chapter 7.