LLC Operating Agreements

LLC Operating Agreement Drafting blog. Lawyer answers questions and provides general information about limited liability companies and member operating agreements.

Sunday, May 6, 2012

Member Wishes To Sell LLC Interest To Outside Party

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Question : We have 3 equal members in an LLC formed in Georgia in 2005. Can one of the members sell or transfer his/her stake to an outside ...

3 comments:

Wednesday, November 9, 2011

Member Blocking Sale of an LLC interest

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Q. I own 65% of an LLC and want to sell. Other member agreed but is now making certain demands or he will block the sale. Can he do that ev...

Wednesday, September 7, 2011

Bankruptcy of Member--California LLC

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Question: We have an LLC in California with 4 equal members. Two members are going through Ch.13 bankruptcy. Our operating agreement states...

2 comments:

Wednesday, July 6, 2011

Documenting LLC Ownership Interests

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Q. How can I show evidence of a sale or transfer of an LLC in MO? My son and I own 50% of a family LLC and my husband has either given or s...

3 comments:

Wednesday, February 17, 2010

Articles of Organization versus LLC Operating Agreement

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Question : Is this document sold on your web site filed with the state of Florida? Is it what I use to start my LLC? Stan, Orlando. I oft...

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