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
David Leon
David L. Leon, P.C.
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.
Answered on 4/01/08, 9:36 pm
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