Member Resolutions of Seller (Sale of LLC Interests) | Practical Law

Member Resolutions of Seller (Sale of LLC Interests) | Practical Law

Resolutions of the members of a limited liability company (LLC) authorizing the execution and performance of a membership unit purchase agreement. These resolutions are drafted as standard clauses and should be inserted into meeting minutes or a form of written consent. This Standard Clause has integrated notes with important explanations and drafting tips.

Member Resolutions of Seller (Sale of LLC Interests)

Practical Law Standard Clauses 1-382-8445 (Approx. 7 pages)

Member Resolutions of Seller (Sale of LLC Interests)

by Practical Law Corporate & Securities
MaintainedUSA (National/Federal)
Resolutions of the members of a limited liability company (LLC) authorizing the execution and performance of a membership unit purchase agreement. These resolutions are drafted as standard clauses and should be inserted into meeting minutes or a form of written consent. This Standard Clause has integrated notes with important explanations and drafting tips.