Some states provide that in the absence of an agreement to the contrary each member of a limited liability company has one vote.

Question

Quizplus · Accepted Answer

This is correct. In some states, unless specified otherwise in the LLC operating agreement, each member of the LLC is given one vote in company decisions. However, it is important to note that this may vary from state to state and should be checked based on the state in which the LLC is organized.

Some States Provide That in the Absence of an Agreement