Legal Form Of Ownership Sundae Magic Llc - consider
A few weeks ago, I wrote about issues in valuing partial ownership interests in a marijuana dispensary. These apply to other businesses as well, naturally. That post focused on how the choice-of-entity selected at formation may affect later determinations of value. Broadly speaking, valuation issues may arise when a majority owner seeks to buyout the interest of a minority owner, or vice versa. Or when one or member seeks to expel one or more other members. Or when a majority or minority owner simply wants out of the marijuana dispensary and wants to sell her interest. Oftentimes, when the dispensary is formed as a limited liability company LLC , the operating agreement will include provisions governing the purchase and sale of membership interests. One common provision is a right of first refusal — i. A good operating agreement — and we see many poor ones in cannabis — should also specify how the members will value the interest and the procedure for doing so.Legal Form Of Ownership Sundae Magic Llc Video
Legal Forms of Business Organization【Deric Business Class】 Legal Form Of Ownership Sundae Magic Llc
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