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10 Oct 2018, 5:58 pm by Gina Bongiovi
  In a Manager-Managed LLC, a Manager can be appointed (who doesn’t have to also be a member) to be “boots on the ground” while the other members go about their lives. [read post]
26 Feb 2022, 6:45 am by Cari Rincker
Court Intervention to Break a Deadlock Absent a provision in the LLC’s operating agreement to resolve a deadlock—or when mediation or arbitration fail to break a deadlock—the remaining option is for the parties to go before a judge. . [read post]
20 Sep 2022, 2:07 pm by Matthew Dochnal
  We go over what LLC membership certificates are and how to properly issue them. [read post]
31 Jan 2012, 1:12 pm by gavin.n.johnson
Stay tuned for the next post in our LLC Operating Agreement series! [read post]
1 Jun 2023, 9:40 am by Matthew Dochnal
If you’re planning to operate your Delaware LLC in New York, you may wonder about the necessary steps. [read post]
14 Apr 2022, 5:00 am
A single member LLC needs to obtain an EIN if it will go on to have employees or if it has elected to be taxed as a corporation as opposed to a sole proprietorship. [read post]
10 Jan 2023, 6:57 am by omnizant.support
You can also protect your LLC through a well drafted operating agreement. [read post]
30 Nov 2020, 7:08 am by J. Ross Pepper
(The Act’s provisions always apply, by default, where an LLC does not have an Operating Agreement). [read post]
7 May 2018, 3:28 am by Peter Mahler
A simple, 3-page, single-member operating agreement accompanied the LLC’s formation. [read post]
11 Jan 2010, 8:57 am by Raymond McKenzie
Every LLC Operating Agreement and Corporate Shareholder Agreement should address the buy-sell provisions referenced above. [read post]
24 Feb 2020, 12:38 pm by Raymond McKenzie
Every LLC Operating Agreement and Corporate Shareholder Agreement should address the buy-sell provisions referenced above. [read post]
25 Jan 2019, 4:18 pm by Cari Rincker
Follow the operating agreement.Do what you say you’re going to do. [read post]
16 Oct 2023, 11:40 am by Matthew Dochnal
Operating Agreements are private contracts between the LLC Members that establish how the company is going to be run. [read post]
27 Sep 2007, 12:22 pm
LLC law is flexible and allows an LLC operating agreement to be custom-tailored to fit special management needs (with special member-managed or manager-managed rights and responsibilities). [read post]
25 Sep 2018, 8:26 am by IncNow
A transferee of an interest in an LLC does not automatically become admitted as a new member unless the Operating Agreement permits it. [read post]
1 May 2013, 1:02 am by Gina Bongiovi
 If you are a regular visitor to my site, you have read the horror stories about companies that settle for generic operating agreements or others that simply go without. [read post]
7 Mar 2012, 9:58 am by Ted Laszlo
  How to go about winding up the operations of the LLC and closing the business – how are the assets to be distributed? [read post]
2 Feb 2021, 1:38 pm by IncNow
This risks lawsuits being directed to the wrong person and could result in a default judgment, if lawsuits go unanswered. [read post]
20 Sep 2017, 10:30 am by Michael Frasier
Even if your LLC isn’t affected by the new Act, your operations may have changed in such a way as to necessitate an update. [read post]