Online Signature Legality for Assignment of Partnership Interest in Canada

How to eSign a document: online signature legality for Assignment of Partnership Interest in Canada

if you are changing the owners of your limited liability company a lot of times people ask how do you do this it's not like a corporation we have stock and on the back of that certificate you endorse it and say who is going to and they record it in a stock ledger may be subject to some kind of an outside contract like a shareholder agreement instead with the limited liability company the ownership is set forth in a contract between the members that's called a limited liability company operating agreement and in order to change the ownership what you do is you prepare an amended and restated limited liability company operating agreement and so if you add additional members each time you add members you amend that operating agreement so maybe that they have a first amended agreement when you've changed members once you have a second amended agreement when you change it again and so on but we also prepare if you'd like us to prepare an amended and restated opportunity for you is we also prepare a resolution from the existing members saying who the current owners are and what percentage the members and they sign off transferring interests to the new members and so that there's a handoff if you will between the old members and the new members and what is the consideration paid for that what is the dollar amount paid for that transfer of ownership and that's part of the benefit of using Inc now is we can prepare an amended and restated operate agreement for you along with that resolution and the cost of that service is $250