Like stockholders of a C corporation, owners of a limited liability company (LLC) are free to sell their ownership without the approval of other members.

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Owners of an LLC typically need the approval of other members to sell their ownership interest, unlike stockholders of a C corporation who can generally sell their shares freely. LLC operating agreements often include provisions that restrict the transfer of membership interests to maintain control within the existing membership.

Like Stockholders of a C Corporation, Owners of a Limited