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20 Jan 2023, 10:43 am by Matthew Meiners
  Buy-sell provisions describe the events and procedures for when members are permitted or required to buy or sell membership interests from each other, and they allow the LLC and its members to plan for certain situations, such as a member’s bankruptcy, death, disability, divorce, or termination of employment, and for members that are entities, change of control and dissolution. [read post]
13 Jan 2023, 9:48 am by Renee Lieux
The early distribution 10% percent tax will not apply to distributions for participants with a terminal illness. [read post]
27 Dec 2022, 4:24 am by Peter J. Sluka
  The retirement, expulsion, death, bankruptcy or insanity of a Member;            c. [read post]
10 Nov 2022, 10:36 pm by Kurt R. Karst
§ 842(c)(1)(B)(i) between December 2021 and May 2022 was $15,876. [read post]
25 Oct 2022, 1:20 pm by Tim Robinson
Art. 2826. [4] The LLC Law defines a “limited liability company” as “an unincorporated association having one or more members” (LSA-R.S. 12:1301(10) (emphasis added), there is no statute providing for express automatic termination of an LLC with no members. [5] LSA-C.C. 12:1333.1(A). [6] LSA-R.S. 12:1333.1(B). [7] LSA-R.S. 12:1333.1(C). [read post]