Transferring LLC Membership Interests Part 2—Voluntary Transfers

By |2019-02-16T16:18:27-08:00February 19th, 2019|Business Formation, Business Planning, Contracts|

An LLC affords its members a certain amount of personal asset protection. Part of this protection hinges on the restricted transferability of LLC membership interests.  Restricted transferability protects the non-transferring members from creditors and unwelcome new members, which upholds the integrity and value of the non-transferring members’ membership interests. Most (but not all) LLCs [...]