My answer to If two people are both invested in an LLC (separately), and then they get married, what happens? Are t…
Answer by Ken Larson:
The owners of the firm must appear on the articles of incorporation registered with the state. That document establishes true ownership.
LLC’s do not have shares. They have memberships.
An operating agreement is necessary between the two owners to insure the % of ownership for each member is established and other important specifics are made official, such as who can sign for the company, what occurs in the event of a death, how one owner can buy another out and many other important matters.