INDEMNIFICATION AND INSURANCE FOR MANAGERS AND OFFICERS
PART III - The Limited Liability Company Players
CHAPTER 6 - LLC Ownership and LLC Stock
EQUITY, OWNERSHIP, STOCK, AND SECURITIES LAWS
CHARACTERISTICS AND CLASSES OF MEMBERSHIP INTERESTS
CHAPTER 7 - Agreements to Control Ownership and Management
RESTRICTING ADMISSION OF NEW MEMBERS
EXPELLING MEMBERS FROM THE LLC
BUYING BACK THE INTERESTS OF DEPARTING MEMBERS
PART IV - LLC Formalities: Meetings, Minutes, and Resolution of Managers and Members
CHAPTER 8 - Managers’ Meetings
IS IT A REGULAR MEETING OR A SPECIAL MEETING?
IS NOTICE OF THE MEETING REQUIRED?
ARE FORMAL PROCEDURES REQUIRED?
ARE THERE ANY VOTING REQUIREMENTS FOR THE MANAGERS?
CAN MANAGERS ACT WITHOUT A FORMAL MEETING?
MANAGER LIABILITY AND THE BUSINESS JUDGMENT RULE
FINAL THOUGHTS ON MANAGERS’ MEETINGS
ANNUAL MEETING OF MANAGERS CHECKLIST
IS YOUR MEETING ANNUAL OR SPECIAL?
WHO CAN CALL A SPECIAL MEETING?
IS NOTICE OF THE MEETING REQUIRED?
WHO CAN VOTE AT A MEMBERS’ MEETING?
CAN MEMBERS ACT WITHOUT A MEETING?
ANNUAL MEETING CHECKLIST FOR MEMBERS
CHAPTER 10 - Minutes of Meetings, Resolutions by Consent, and More Paperwork
RECORDING MEETINGS OF MANAGERS AND MEMBERS WITH MINUTES
AN ALTERNATIVE TO MINUTES: WRITTEN CONSENT RESOLUTIONS
PART V - Lawsuits and Personal Liability Protection
CHAPTER 11 - Suing and Being Sued as an LLC
CHAPTER 12 - How to Effectively Manage Your LLC to Maximize Liability Protection
