A limited liability company's operating agreement may provide that a member's ownership interest may be evidenced by ________ issued by the LLC.

Question

Quizplus · Accepted Answer

A certificate of interest is a document that evidences a member's ownership interest in an LLC. It can be issued by the LLC and is similar to a stock certificate, but instead of representing ownership in a corporation, it represents ownership in an LLC. The other answer choices are not typically used to evidence ownership in an LLC.

A Limited Liability Company's Operating Agreement May Provide That a Member's