Whether you're new to business law or are looking for a refresher, it's imperative to know how to craft and customize sound LLC operating agreements. This focused course will walk attendees through drafting considerations when preparing key provisions in LLC operating agreements. From responsibilities and voting to escape hatches and distributions, learn how to lay a strong foundation for your next client's LLC - register today!
Learn how to establish roles, responsibilities and voting rules.
Get tips for approaching allocation and distribution provisions.
Discover strategies for creating escape mechanisms and handling departing members.
Learn how to lay the foundation for business formalities and asset protection.
Who Should Attend
This program is designed for attorneys. Accountants and paralegals may also benefit.
Roles, Responsibilities, and Voting Provisions
Allocation and Distribution Provisions
Escape Mechanisms, Buy-Sells, and Departing Members
NBI, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.This program is designed to qualify for 1.50 hours (based on 50 minute credit hour) of continuing professional education credit for accountants. For more information regarding administrative policies such as complaint, refund and program cancellation, please contact our offices at (800) 930-6182.
This is a Basic level program presented in a group internet-based setting. No advanced preparation or prerequisites are required.Upon completion of this course, attendees should be able to: 1. Describe one voting framework for decision making in LLCs. 2. Recall what a buy-sell agreement is. 3. Identify a best practice for defining required business formalities.Field(s) of Study -- Business Law.
PETER NEALIS is a partner in the Cleveland office of Taft Stettinius & Hollister LLP, who also practices in Sarasota/Bradenton, Florida. He has substantial experience representing both public and private companies and investors in a variety of securities, regulatory, and corporate governance matters. Mr. Nealis is a member of The Florida Bar and the Sarasota Bar Association. He earned his B.A. degree from Colby College and his J.D. degree from The Ohio State University.
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