If a member disassociates him or herself from an at-will LLC,the LLC must only purchase the disassociating member's distributional interest on the expiration of the specified term of the LLC.
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Q16: An LLC may own and transfer personal
Q17: Most LLCs elect to be taxed as
Q18: The owners of LLCs are called shareholders.
Q19: Losses from an LLC have to be
Q20: Members may draft an agreement whereby the
Q22: An LLC may only be member-managed.
Q23: A party may usurp an LLC's business
Q24: At the conclusion of a term LLC's
Q25: Where a disassociating member of an LLC
Q26: Where a member's disassociation from an LLC
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