A member has the power to withdraw from a term LLC prior to the time specified.

Name: A member has the power to withdraw from a term LLC prior to the time specified.
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Question

Quizplus · Accepted Answer

According to the default rules of most state LLC laws, members have the power to withdraw from the LLC at any time prior to the specified term without cause. However, the operating agreement of an LLC may include provisions that limit or restrict a member's ability to withdraw.

A Member Has the Power to Withdraw from a Term