Legal Question in Business Law in Texas

Limited Liability Companies

How do I legally take a partner off of a LLC company that has 33.33% ownership in the company and wants to be removed from the company?


Asked on 4/01/08, 7:05 pm

1 Answer from Attorneys

Re: Limited Liability Companies

You can buy the member out. You will need a written agreement and a unit transfer memorandum. Also, you will likely need consent from all other members.

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Answered on 4/01/08, 9:36 pm


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