New Florida LLC Act – Another Reason for Non-Voting Interests

By:  Jim Hoctor Just like a corporation, a limited liablity company can have non-voting interests.  Non-voting interests are often used in LLC’s formed for family investments or when interests are given or sold to employees of the LLC.  An important benefit of making these interests non-voting is that non-voting members don’t have “appraisal rights.”  Under the Florida LLC act, … Continue reading New Florida LLC Act – Another Reason for Non-Voting Interests