Legal Question in Business Law in Texas
Purchase of stock in LLC. Controlling intrest
I need to know what forms are needed to complete purchase of stock in LLC. Controling interst
2 Answers from Attorneys
Re: Purchase of stock in LLC. Controlling intrest
You should consult an attorney when you're making a substantial investment. This site is not intended for business people who can afford an attorney.
Re: Purchase of stock in LLC. Controlling intrest
The answer depends on a number of factors: from whom are you purchasing the membership interest, what do the governing documents require to transfer the interest, what is the structure of the LLC. In Texas, LLCs have great flexibility but generally do not have "stock" or "shareholders" as in a corporation. You should consult with an attorney and not attempt to use a form.
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