If the Members of a Limited Liability Company Do Not

question 46

True/False

If the members of a limited liability company do not stipulate in their operating agreement how voting rights will be apportioned, in most states, only the member-managers will be entitled to vote.

---

Definitions:

Montana

is a state in the northwestern United States known for its vast wilderness areas, Rocky Mountains, and as a gateway to Yellowstone National Park.

U.S. Military

The combined forces of the United States, including the Army, Navy, Marine Corps, Air Force, and Coast Guard, tasked with defense and national security.

American West

A region of the United States with diverse geography and history, often associated with the frontier period, expansion, and the idea of the Wild West.

Ethnically Diverse

Describes a community or population consisting of people from a variety of ethnic backgrounds, enriching cultural heterogeneity.