Where can I find a sample contract to add a new member to my pre-existing llc.?
by Ivan Walsh
Question by jonjakeemmy: Where can I find a sample contract to add a new member to my pre-existing llc.?
What kind of contract do I need? Can the original operating agreement just be re-done with new member added or is there something easier than that?
Best answer:
Answer by Brenda M
Hello Janjakee:
Any lawyers office would have “boiler plate” documents for this purpose.
There is also the consideration of assigning “shares” of the LLC to another person ~ there will be costs involved in the new person buying shares in the existing LLC . . . depending on what the value of that LLC is at this point in time of course.
This will show up in your minute book (if you keep one; or your lawyer keeps one for you)
Be well
Add your own answer in the comments!