Legal Question in Business Law in Colorado
LLC's one party wants out
Does the LLC have to be dissolved if one of the parties wants to quit? Can the parties sign a document releasing one partner from all responsibility as of a certain date?
Asked on 1/16/08, 11:42 am
1 Answer from Attorneys
Re: LLC's one party wants out
No, an LLC does not have to be dissolved if one party wants out.
Answered on 1/21/08, 3:37 pm
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