Legal Question in Business Law in Texas
50/50 Operating Agreements
My assiciate and myself have formed an LLC and are now working on the operating agreement. We are both 50% owners. While our intent is to stay in the honeymoon phase forever, we are realistic and understand that we need some mechanisms in place to ''break the tie'' if necessary. Looking for good examples on this topic.Any assistance would be appreciated.
Asked on 8/28/07, 8:46 pm
1 Answer from Attorneys
Johm Smith
tom's
Re: 50/50 Operating Agreements
Unless you are willing to pay an attorney to draft this agreement, you can google the topic looking for sample contracts.
Answered on 8/28/07, 9:33 pm
Related Questions & Answers
-
Non-compete Statements Is a signed statement containing this verbiage... Asked 8/27/07, 11:34 am in United States Texas Business Law
-
Trademark Issue I have trademarked our company name/logo. Another company in the... Asked 8/26/07, 1:10 pm in United States Texas Business Law
-
Homeowners liability can a homeowner be sued if a contractor is hurt at the... Asked 8/26/07, 12:21 pm in United States Texas Business Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
