QUESTION
How do I remove my name as a Manager on a LLC?
Asked on Jan 20th, 2020 on Business Law - New Jersey
More details to this question:
My ex-boyfriend and I were operating a dog grooming business. I am listed as a Manager on the LLC. How do I remove my name. I am estranged from my ex. He's a con artist and I dont trust him to follow thru with any requests from me. Thanks
1 ANSWER
Mergers, Acquisitions and Divestitures Attorney serving New York, NY
Partner at
Russo Law LLC
2 Awards
You will need to amend the operating agreement to reflect the change. But he will need to agree to that assuming he is a 50% owner. Are you expecting to be paid for your interest in the company? If so, the question is how much you'd like to be paid and will he pay it? If not, then the request should be easier assuming you are willing to bear the cost of amending the operating agreement.
Feel free to contact me if you'd like to consider engaging my services to help you accomplish your legal needs.
Best,
Lou Russo
Russo Law LLC
www.russolaw-llc.com
lrusso@russolaw-llc.com
929-262-1101
Answered on Jan 20th, 2020 at 9:52 AM
Lou Russo RUSSO LAW LLC info@russolaw-llc.com 929-292-1101 www.russolaw-llc.com