an llc is a popular legal business entity because they are easy to create and provide the owner of the company with several benefits like liability protection and tax benefits. it is very common in an investment llc operating agreement to have a detailed provision about how and when members can sell their shares and leave the company. depending on how many members are in the llc and their percentage of ownership, the gains, losses, and dividends will be distributed to each member. i am licensed in ohio and california, and i leverage the latest in technology to provide top quality legal services to a nationwide client-base.