B2B,LLC,is a limited liability company.Among its members,a dispute arises that the operating agreement does not cover.The dispute is gov?erned by

Question

Quizplus · Accepted Answer

Since the company is a limited liability company, the dispute would be governed by the applicable state LLC statute. Each state has its own LLC statute, and the operating agreement of the company would likely defer to the state statute in the case of a dispute not covered by the agreement.

B2B,LLC,is a Limited Liability Company