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How is Ownership established with an LLC?

April 26, 2017LLC ownership

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How is Ownership established with an LLC?

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Ownership in an LLC is usually structured in two ways: (1) by percentage or (2) by membership units, which are similar to shares of stock in a corporation. In either case, ownership generally confers the right to vote and the right to share in the profits of the LLC.

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Ownership in an LLC is usually structured in two ways: (1) by percentage or (2) by membership units, which are similar to shares of stock in a corporation. In either case, ownership generally confers the right to vote and the right to share in the profits of the LLC. Ownership is generally established and evidence with ownership provisions in the LLC Operating Agreement.