Manager Resolutions of Seller: Sale of Membership Interests (CA) | Practical Law

Manager Resolutions of Seller: Sale of Membership Interests (CA) | Practical Law

Resolutions of the managers of a California limited liability company (LLC) authorizing the execution and performance by the LLC of a membership interest purchase agreement. These resolutions are drafted as standard clauses and should be inserted into meeting minutes or a form of written consent. These Standard Clauses have integrated notes with important explanations and drafting tips.

Manager Resolutions of Seller: Sale of Membership Interests (CA)

Practical Law Standard Clauses w-002-2327 (Approx. 8 pages)

Manager Resolutions of Seller: Sale of Membership Interests (CA)

by Practical Law Corporate & Securities
MaintainedCalifornia
Resolutions of the managers of a California limited liability company (LLC) authorizing the execution and performance by the LLC of a membership interest purchase agreement. These resolutions are drafted as standard clauses and should be inserted into meeting minutes or a form of written consent. These Standard Clauses have integrated notes with important explanations and drafting tips.