Started By
Message

re: LLC question

Posted on 3/8/17 at 12:18 pm to
Posted by Serraneaux
South of 30a
Member since Mar 2014
19828 posts
Posted on 3/8/17 at 12:18 pm to
This should be covered in the LLC's operating agreement where is talks about what to do when a member departs the LLC. Sometimes these are left pretty vague to give the LLC the power to do whatever is in the best interest of the company. In this case, I would think it should explicitly be stated in the death of a member or withdrawal of a member sections of your operating agreement that the remaining interest is transferred to other members of the LLC (you may have it worded this way if other people join as members, that way you don't have to re-do the operating agreement).
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram