Thanks to Dell Richard of Coralville a couple of erroneous cross-references in my sample operating agreement have been corrected. They appeared in Section 4.03. The revised operating agreement is available here.
-Marc Ward
Dickinson, Mackaman, Tyler & Hagen, P.C.
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- Iowa Supreme Court Applies Business Judgment Rule to Non-Profit Corporations
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- ABA Primer on the Tax Provisions of LLC Operating Agreements
- Boiler Plate in LLC Operating Agreements is Risky Business
- Here is an interesting article
- Ambiguous Provisions May Blur the Line Between Customary Capital Call and Personal Liability of LLC Members
- Explicit Provisions in an Operating Agreement may create Implicit Provisions
- Creditors of an LLC can Collect from Members in Certain Cases
- An Eye for an Eye, Is Only Fair: LLC Expulsions can be Tricky
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February 09, 2009
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