Stokes Lawrence Presents: Key Issues in Multi-Member LLC Operating Agreements - June 9, 2022
Related Practice: Real EstateA multi-member LLC operating agreement, also referred to as a MMLLC, is a legal contract that outlines the agreed-upon ownership structure and sets forth the governing terms for a multi-member LLC. In addition, it sets clear expectations about each member’s powers, roles, and responsibilities. It also sets out clear financial and working relations between the members and the business managers. Join Stokes Lawrence shareholders Sean Griffee and Olivia Gonzalez for this webinar on Thursday, June 9.
Topics covered in this webinar include:
- Managements vs. Member Rights
- Voting Structure
- Buy/Sell Options
- Distribution and Tax Provisions
- Deadlock Provisions in 50% / 50% Partnerships
- Related Services Agreements (i.e. one or more Members perform services for the LLC)
Thursday, June 9 | 12:00 p.m. - 1:00 p.m.
You can view the recording of the presentation here.