Members of a limited liability company can stipulate in their operating agreement how voting rights will be apportioned.

Name: Members of a limited liability company can stipulate in their operating agreement how voting rights will be apportioned.
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Question

Members of a limited liability company can stipulate in their operating agreement how voting rights will be apportioned.​

Quizplus · Accepted Answer

Members of an LLC have the flexibility to create an operating agreement that specifies how voting rights will be distributed among members. This agreement can either be based on ownership percentage or on a per-member basis.

Members of a Limited Liability Company Can Stipulate in Their