Home Home 

 
Register
Login
Contact Us
Favorites


Transfer of Interest and Lock-in and Put Option in JVA

1. Transfer of Interest

 

Article 20 of the LLC Law provides general details on transfer of interest in an LLC.

 

It is a key principle in the LLC Law that a shareholder in an LLC may transfer (either through sale or by other means[1]) its interest to other shareholders to one or several shareholders in an LLC, unless the charter of the company does not provide otherwise or restricts such transfer.  By putting this, the legislature indirectly provides an option for the shareholders to restrict any transfer of interest (either through sale or otherwise) among shareholders in an LLC, is such restriction is provided in the company’s charter.

 


Registration