Site: alllaw.com
... If you do not have an operating agreement, or if the agreement is silent on certain procedures, you will ... In their operating agreement, the members might have agreed to end the LLC on a specified date, or after ... If your company wants to take this route, review your operating agreement. ... If the agreement is silent on the issue, your state’s statutes will provide the default rules. ... Consult your operating agreement to determine how you should distribute the assets. ...