FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018. By continuing to use this site, you are consenting to our Terms of Service and use of cookies.
I hope that your operating agreement is not written that way, because then you would never be able to fire him because he owns a tiny percentage. If your operating agreement is not written that way, then its not true.
I hope that your operating agreement is not written that way, because then you would never be able to fire him because he owns a tiny percentage. If your operating agreement is not written that way, then its not true.
A lot depends on what your charter and operating agreement says, and I've not read them. It would probably be a good idea to take a copy of your charter and operating agreement to a local business attorney for advice on what to do about this.
I wish we had more answers for you, lgcjc, but I am afraid you will need to take your LLC articles of organization and your LLC operating agreement to an attorney in your area for a personal review.
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.