Property Ownership
In Louisiana, when property held by a limited liability company (LLC) is sold, the Act of Sale must be signed by:
AAll members of the LLC, regardless of the operating agreement
BA member or manager with authority to bind the LLC as stated in the operating agreement or articles of organization✓ Correct
COnly the member with the largest ownership percentage
DA Louisiana-licensed real estate broker representing the LLC
Explanation
An LLC's authority to sell immovable property and the identity of the authorized signatory is governed by the LLC's operating agreement and articles of organization. The person signing the Act of Sale must be authorized to bind the entity, and the notary will typically require evidence of authority.
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