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Updated over 5 years ago, 09/15/2019

User Stats

31
Posts
6
Votes
George Liu
  • Houston, TX
6
Votes |
31
Posts

Multi-member LLC operating agreement

George Liu
  • Houston, TX
Posted

Haven't found many materials that cover key clauses in multi-member LLC operating agreements. For equal % members, how do you determine contributions, distributions and exits? For instance if a member decides to take some cash out of the LLC down the road but the others don't how do you determine the new equity splits? TIA!!

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