Jones LLC and Smith LLC both have 10 members and 5 managing members.Both entities go into dissolution.The procedures for dissolution,including preferences of members in terms of who is paid first and so on,will be identical for both companies.

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The procedures for dissolution, including preferences of members in terms of who is paid first, can vary significantly between entities depending on the specific provisions outlined in their operating agreements or the default rules of the state under which they were formed.

Jones LLC and Smith LLC Both Have 10 Members and 5