Where a disassociating member of an LLC is entitled to payment for her interest,she is entitled to fair market value even if the operating agreement provides otherwise.

Name: Where a disassociating member of an LLC is entitled to payment for her interest,she is entitled to fair market value even if the operating agreement provides otherwise.
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The operating agreement of an LLC typically governs the terms of payment for a disassociating member's interest, including any deviations from fair market value.

Where a Disassociating Member of an LLC Is Entitled to Payment