What is the name of your state (only U.S. law)? WA
I am partner's with 4 other people. 2 of the people have their own LLC business in another city. They are listed as one entity in our LLC and non compete. If they sell their percentage to another parter, will this void our non compete or our LLC?
The only thing it states in our LLC regarding selling is directed towards a "third party" buying it. Nothing on if a current member buys it.
I am partner's with 4 other people. 2 of the people have their own LLC business in another city. They are listed as one entity in our LLC and non compete. If they sell their percentage to another parter, will this void our non compete or our LLC?
The only thing it states in our LLC regarding selling is directed towards a "third party" buying it. Nothing on if a current member buys it.