Some statutes permit the operating agreement of a limited liability company to deny members the right to withdraw from the company.

Name: Some statutes permit the operating agreement of a limited liability company to deny members the right to withdraw from the company.
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Some jurisdictions allow the operating agreement of an LLC to include provisions that restrict or deny a member's right to withdraw, as long as it complies with state laws governing LLCs.

Some Statutes Permit the Operating Agreement of a Limited Liability