Unless otherwise provided in the LLC's operating agreement,a member may assign his financial interest in the LLC without dissolving the LLC.

Question

Quizplus · Accepted Answer

Unless the LLC's operating agreement specifies otherwise, a member may assign their financial interest in the LLC without dissolving it. However, an assignment of the membership interest may not confer on the assignee any voting or management rights unless the operating agreement provides for such transferability.

Unless Otherwise Provided in the LLC's Operating Agreement,a Member May