Avoiding Deadlocks In LLC Operating Agreements
by John Cunningham, JD
IRS filing statistics suggest that 25% of all LLCs are two-member LLCs. This combined with the fact that operating agreements for these LLCs typically provide equal voting and profit shares means that deadlock issues will almost inevitably arise for some of your clients.
Download this article learn about 4 key types of provisions you should include in two-member LLC Operating Agreements to address the possibility of deadlocks.