LLC MEMBERSHIP INTEREST BBILL of SALEb Form

Instructions and help about LLC MEMBERSHIP INTEREST BBILL OF SALEb

what are membership units in an LLC well in a corporation which is a legal business entity a company the symbol of ownership is called shares or stocks and those are owned by the owners which we call shareholders in an LLC the ownership of the company is by the members and their symbol of ownership is called either units or interests so for example instead of saying a shareholder owns stock in a corporation if you're talking about an LLC you would say a member owns units in a limited liability company or a member the owner owns an interest in the limited liability company you might say why are they called interest versus units well limited liability companies allow a lot of flexibility for the owners to figure out how that LLC looks it's called The Power of contract there's a lot of flexibility to contract with the other owners about the shape and rules of your LLC sometimes business owners say we're going to model this more after a partnership and a Partnerships ownership interest is