Fort Lauderdale, FL asked in Business Formation and Business Law for Florida

Q: How can you change the percentage of ownership in the state of Florida for an llc?

3 Lawyer Answers
Jane Kim
Jane Kim
Answered
  • Naples, FL
  • Licensed in Florida

A: The operating agreement delineates the ownership and describes the percentage of each member.

Phillip William Gunthert agrees with this answer

Phillip William Gunthert
Phillip William Gunthert
Answered
  • Orlando, FL
  • Licensed in Florida

A: You would want to speak with a Florida Business Attorney and make changes to the LLC Operating Agreement and you would want to make any applicable changes to the Florida Department of State documents as they relate to business and ownership via an amendment probably as well.

1 user found this answer helpful

Keith Kanouse
Keith Kanouse
Answered
  • Boca Raton, FL
  • Licensed in Florida

A: You must amend your Operating Agreement to show the new percentages and have all the members sign it.

1 user found this answer helpful

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