Legal Question in Business Law in Georgia
a Georgia 2 member LLC where one owns 80% and another owns 20%. They are not getting along and the member with 80% wants to dissolve it. Does he need the other member to agree?
Asked on 11/03/20, 12:15 pm
1 Answer from Attorneys
Glenn M. Lyon, Esq. MacGREGOR LYON, LLC, Business Attorneys
Unless there is an operating agreement dictating otherwise, all members would need to agree to a dissolution of the company.
Answered on 11/04/20, 7:22 am
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