Legal Question in Business Law in Alabama

LLC Disalution/sell out

I am in a three way partnership L.L.C Corp. I would like

to ''get out'' and feel a certain finacial reimbursement is

fair and customary. I need to know what the first step I

need to take is. Do I notify the other members first or do

I look for a buyer to take my third?


Asked on 8/29/02, 1:56 pm

1 Answer from Attorneys

Michael McNair M. S. McNair, Attorney-at-Law, P.C.

Re: LLC Disalution/sell out

You would need to have an attorney review the LLC operating agreement before that question could be answered.

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Answered on 8/29/02, 3:12 pm


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