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welcome to county office your ultimate guide to local government services and public records lets get started what is a membership interest purchase agreement in the world of business and finance some terms might sound like a riddle wrapped in a mystery one such term is the membership interest purchase agreement or mipa for short its a document that plays a vital role in the dance of buying and selling but not of goods oh no were talking about the buying and selling of ownership interests in a company think of a company as a pie this pie is cut into slices and each slice represents a piece of ownership when someone wants to buy a piece of that pie they need an agreement this is where meepa waltzes in it outlines the terms conditions and the price for these slices of the company pie meas are most commonly used in the context of limited liability companies or llcs these are popular business structures that combine the benefits of a corporation with the flexibility of a partnership wh
