A non-manager member of an LLC is entitled to remuneration for services performed for the LLC including the winding up of the business of the LLC.

Question

Quizplus · Accepted Answer

A non-manager member of an LLC is typically not entitled to remuneration for services performed for the LLC, including winding up, unless there is an agreement or provision in the operating agreement that specifies such compensation.

A Non-Manager Member of an LLC Is Entitled to Remuneration