A member of an LLC is treated as a transferee of his/her transferable interest only after:
A) he/she transfers his/her transferable interest to another person.
B) he/she gives notices to third parties about the transfer.
C) a creditor receives his/her transferable interest.
D) his/her dissociation from the LLC due to judicial expulsion.
Correct Answer:
Verified
Q17: In general,the ULPA does not grant partners
Q18: Each partner in a limited partnership owns
Q19: Except for the liability of limited partners,limited
Q20: Losses of the business allocated to a
Q21: After all the assets of an LLC
Q23: Johnathan LLC has a term of eight
Q24: Any of the managers in a manager-managed
Q25: A limited liability company:
A)is either member-managed or
Q26: Marc and Sonia were the only members
Q27: Which state passed the first limited liability
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents