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  • by Admin   |  
  • in Corporations   |  
  • May 24th, 2013

LLC Management is done by an agreement between the members; however, Nevada law does not require its members to be managers and allows the parties to define their business relationship through a written contract called and Operating Agreement.

 

 

Unlike a corporation, an LLC Management can distribute profits in any manner described in the Operating Agreement regardless of ownership share.

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