If 2 individuals are 50/50 owners in a LLC, can one person sell his interest without the consent of the other owner?
Asked on 10/04/09, 3:01 pm
1 Answer from Attorneys
Alan Wagner
Wagner, McLaughlin & Whittemore P.A.
Yes. Usually people enter into shareholder agreements that prevent this, but if you have not then he or she is free to sell their interest.
Answered on 10/04/09, 4:52 pm
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