How do you get out of a Limited Liability Company? Someone please tell me!?

Question

I live in South Carolina and my boyfriends dad owns his own company and it is a Limited Liability Company. Does anyone know how he can get out of the Limited Liability Company?

Answer 1

He can simply withdraw from the LLC. The operating agreement should give the specifics of how that is to be done, but the SC code states in Section 33-44-601:

A member is dissociated from a limited liability company upon the occurrence of any of the following events:

(1) the company's having notice of the member's express will to withdraw upon the date of notice or on a later date specified by the member;