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Modify Share Transfer Agreement Template

Modify Share Transfer Agreement Template

Aug 6th, 2022

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How to Modify Share Transfer Agreement Template

5 out of 5

31 votes

In this video tutorial, the speaker discusses the process of selling or transferring an LLC (Limited Liability Company) to another person or entity. They clarify the terms, explaining that an LLC member is akin to a shareholder in a corporation, representing ownership, while a manager is comparable to a CEO, responsible for operating the business. The transfer could involve changing membership to another individual, a living trust, an asset protection trust, or another company. Additionally, it is noted that a manager does not have to be a member, highlighting the distinction between ownership and management roles within an LLC.

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