Articles Tagged with voluntary dissociation

Withdrawal | Dissociation of LLC Member
We often think of the dissociation of a member from a limited liability company as a matter of expulsion. The majority typically wants to expel a problematic minority member from the LLC.

But one can also dissociate themselves by resigning as member, or, under the Revised Uniform Limited Liability Company Act (RULLC), by giving notice of their express will to withdraw as a member.  This lawsuit tells us that there are no specific words required; the intent to quit if expressed to the LLC, will be sufficient.

Dissociation by Express Will of Member

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