LLC Operating Agreements: The Most Important Provisions in Your LLC Operating Agreement (On-Demand)

Course Description

Disputes in LLCs generally commence because of a misunderstanding in expectations, roles or exit avenues.  Having a well-drafted operating agreement can help alleviate some of the common causes of disputes among members.  Learn more about what provisions to include in your operating agreement.

Syllabus

1. Fiduciary duties – whether to limit or minimize them
2. Capital contributions – how to approve and whether to include a dilution of interest provision
3. Day-to-day management – who is making what decisions and what is necessary for approval
4. Exiting the LLC – how to protect against transferring the interest while still providing a path to sell

Instructor

Brandon Schwartz, Esq.