There are currently two members in the LLC, Member A and Member B each have 50%. Member B wants to leave the LLC and transfer 40% to Member A and transfer 10% to Member C (new member) on 4/15/16. Does this result in a technical termination?
Would it be more beneficial for Member B to transfer 40% to Member A, 9% to Member C and keep a remaining 1%? Then on 4/16/17, transfer his remaining 1% to Member C and leave the LLC.
