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Looking for help
Darrel, What do you mean by "how LLC memberships work"
LLC owners risk only their investment
Hello! It's strongly recommended to consult with a lawyer who is familiar with the laws of your state. Developing an operating agreement , remember that it should spell out exactly what the rights of
each member are. Rights include voting and management rights and
rights to distributions, but the two do not need to be in any way
related. For example, someone who is entitled to only 20% of the
distributions could be entitled to exercise all management rights.
And if course general answer to your question is: try Google