Legal Question in Business Law in Texas
I am a partner in an llc in Texas with 2 other people. I am moving and would like to get out. My partners are ok with that. I do not want any money to be bought out. We never had a formal agreement of any kind when we started this venture. What is the process to remove myself from the partnership? Any advice will be greatly appreciated.
Asked on 4/21/11, 3:44 pm
1 Answer from Attorneys
If they are not paying you anything for your units, then you can execute a transfer (which can be contained in the minutes of a company meeting).
Dave
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Answered on 4/21/11, 9:42 pm
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