QUESTION
If the CEO who is 45% member of an LLC partnership small business wants to resign and also remove his share, what is the best way to handle this?
Asked on Sep 08th, 2016 on Business Law - California
1 ANSWER
2 Awards
Typically a withdrawal like this would be governed by an Operating Agreement. Does your company have an Operating Agreement and if so, does it include buyout provisions?
Answered on Sep 08th, 2016 at 10:15 AM