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4 Sep 2015, 10:00 am by Mark Figuieredo
The LLC’s Ownership Structure – One of the most important issues that should be addressed in an operating agreement is the ownership of the company. [read post]
4 Sep 2015, 10:00 am by Mark Figuieredo
The LLC’s Ownership Structure – One of the most important issues that should be addressed in an operating agreement is the ownership of the company. [read post]
11 Jul 2016, 5:04 pm by Gavin Johnson
Most operating agreements will provide provisions that discuss the process for transferring a member’s interest. [read post]
31 Jan 2012, 1:12 pm by gavin.n.johnson
Distributions may occur periodically during the operation of the LLC, when the LLC either redeems (or buys back) the member’s interest, or when the company chooses to liquidate. [read post]
3 Jul 2013, 12:52 pm by Thomas Kerner
That section provides that the terms of an operating agreement, once signed by the members of the LLC, are the beginning and end of each member's rights. [read post]
1 Oct 2010, 4:14 pm
Limited liability companies, or LLCs as they are commonly called, provide the same limited liability protections as corporations, but require far fewer formalities of both formation and operations. [read post]
28 Oct 2019, 7:52 am by IncNow
Limited Liability Companies do not have stock or bylaws. [read post]
10 Oct 2018, 5:58 pm by Gina Bongiovi
 For Member-Managed LLCs with no Operating Agreement, the members can do pretty much anything they please with the company. [read post]
26 Oct 2018, 8:06 am by Charles B. Jimerson, Esq.
 Further, most operating agreements provide that no member has any right to partition any assets of the company or any right to receive any specific assets upon liquidation of the company or upon any distribution from the company. [read post]
26 Oct 2018, 8:06 am by Charles B. Jimerson, Esq.
 Further, most operating agreements provide that no member has any right to partition any assets of the company or any right to receive any specific assets upon liquidation of the company or upon any distribution from the company. [read post]
26 Oct 2018, 8:06 am by Charles B. Jimerson, Esq.
 Further, most operating agreements provide that no member has any right to partition any assets of the company or any right to receive any specific assets upon liquidation of the company or upon any distribution from the company. [read post]
26 Oct 2018, 8:06 am by Charles B. Jimerson, Esq.
 Further, most operating agreements provide that no member has any right to partition any assets of the company or any right to receive any specific assets upon liquidation of the company or upon any distribution from the company. [read post]
31 Dec 2014, 8:34 am by Collin Roberts
The operating agreement can be thought of as providing the “laws” of the business, laying out how the company will be managed. [read post]
30 Jan 2015, 7:51 am by Jason L. Odom
Upon forming the company, Bertram and his sister executed an operating agreement which outlines the business’s basic structure and gave each of them—as an owner—a 50% “Membership Interest” in the company. [read post]
10 Jan 2008, 1:00 pm
Let us look at a few things the operating agreement brings to running the LLC. [read post]
9 Oct 2017, 7:33 pm by Dana
Definitions of Units This is a sample Operating Agreement definition for an LLC that has a single class of members: The Membership Interests of the Company will be divided into Units, each of which represents the same proportionate interest in the total Transferable Interests and the total Voting Interests of the Company. [read post]
3 Jul 2013, 12:52 pm by Thomas Kerner
That section provides that the terms of an operating agreement, once signed by the members of the LLC, are the beginning and end of each member's rights. [read post]
3 Jul 2013, 12:52 pm by Thomas Kerner
That section provides that the terms of an operating agreement, once signed by the members of the LLC, are the beginning and end of each member's rights. [read post]
29 Oct 2018, 5:00 am by Imke Ratschko
Under New York Limited Liability Company law, you can only withdraw under the circumstances provided for in the operating Agreement (Section 507). [read post]