2 comments

  1. Quora says:

    What is another way to distribute ownership of an LLC, besides capital contributions?…

    LLC operating agreements can – via multiple classes of membership – slice and dice, in effectively unlimited ways, rights pertaining to: * Allocation of capital contributions, profits and losses * Distribution of cash * Voting “Can an LLC have Members…

  2. Quora says:

    Where can I get sample operating agreements for an LLC?…

    I voted up Bart’s answer and will add the following: 1. LLC’s are great in that one can allocate economic rights and voting rights differently from one another in virtually unlimited ways. However, that is not something that an amateur can do properl…