Membership Interest Purchase.
Membership Interest Purchase Agreement for the sale of an LLC member's ownership stake.
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Buyer needs documentation.
OA requires admission documentation.
Pursuant to ROFR.
Buy-sell triggers a transfer.
What to avoid.
Transfer may be voidable.
Buyer takes risk.
Holds economic interest but not member rights.
Sale may have specific consequences.
Common questions.
Can any member sell their interest?
Tax treatment?
Does buyer become a Member?
What about ROFR?
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