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Operating Agreement
A contract among members of a Limited Liability Company (LLC) that outlines the business's financial and functional decisions.
Withdrawal
The act of removing oneself from participation in an activity, agreement, or membership.
Uniform Limited Liability Company Act
A set of uniform legal provisions adopted by some states to regulate the formation, operation, and dissolution of LLCs (Limited Liability Companies).
Hybrid Form
A blend or combination of two different elements, forms, or entities.
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