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Removing a business partner from a company can be challenging, especially without specific provisions in your agreement. Generally, state laws dictate the process, so consulting a local attorney is essential. Under LLC and partnership laws, simply ejecting a partner is not feasible, as they hold an ownership interest. If your LLC agreement is well-structured and intentional, it may contain mechanisms for removing members or converting voting members to economic interest holders. This highlights the importance of proactive planning, as many call when conflicts arise after starting a business without proper arrangements in place.
