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LLC MEMBERSHIP INTEREST BBILL of SALEb Form

LLC MEMBERSHIP INTEREST BBILL of SALEb Form

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as an option you can represent ownership in an LLC as units as opposed to Simply eight percent ownership if using units then you would list the number of units each member has in a cap table member a might have 100 units remember B might have 500 units keep in mind there is nothing under state law or federal law that requires you to use units in fact the term unit is not even mentioned in most LLC acts rather units are the creation of attorneys and tax professionals to help with math especially when dealing with capital raises or different ownership classes for example if you are raising money for your business then you might use units so that you can establish a price per unit or if you will have different classes of members with different rights and obligations such as Class A members who might have voting rights and Class B members who may have no rights to vote at all then oftentimes attorneys will prefer to use units to help establish both overall ownership and ownership per membe

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