Delaware  |  Business Law

Legal Question

Asked on: 10/16/12, 8:48 pm

Goodday everyone

I own 40% of the shares of an LLC and I do not want significant changes to the company or company agreement without my consent. I want to add a clause in the company agreement that states that no changes can be made to the company agreement or the company without a 70% majority. If the agreement is signed, will this clause protect me in the case of a dispute or do all companies subscribe to the 51% majority rule

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