Tennessee Limited Liability Company: Forms and Practice Manual

Tennessee Limited Liability Company: Forms and Practice Manual

Prominent Tennessee attorney, G. Michael Yopp, has drawn from his extensive experience to bring you strategies and forms for virtually every situation you may encounter in this newly revised three-volume Manual featuring a bonus CD with more than 190 electronic forms.

This extensive, updated manual, with its more than 1,820 pages of valuable content, will help you stay current and efficient by providing appropriate statutes and regulations — complemented by thorough discussions and analyses of any changing federal and Tennessee state laws. Plus, you'll be expertly guided through an extensive selection of appropriate LLC forms using an easy-to-follow format. Included are customizable electronic forms as well as explanations and planning strategies for the LLC business structure.

Recent Updates Include:

• Updates to all the materials for statutory changes and reported cases in Tennessee;
• Most recent updates for Corporate Transparency Act;
• New Appendix O containing a form letter for new company (post 2023) clients; and
• New Form 9-7, which contains the Request for Certificate of Existence/Authorization.
• All of the forms in the Manual conveniently provided on the accompanying CD for your immediate use.

Michael Yopp is a partner in the Nashville office of Waller Lansden Dortch & Davis, LLP and practices in the areas of state and federal taxation, partnerships, limited liability companies and general business. Mr. Yopp is a member of the LLC Legislative Drafting Committee of the Tennessee Bar Association. He is currently Chairman of the Tennessee Bar Association Business Entity Study Committee. He is a past Chairman, Tax Probate and Trust Committee, Tennessee Bar Association; founding and current trustee and former President of the Paul J. Hartman Memorial State and Local Tax Forum; and a current member of the Executive Committee of the National Association of State Bar Tax Sections. Also, he has lectured on partnership tax law at Vanderbilt University School of Law and is a Fellow of the American College of Trusts and Estate Counsel. He received a Bachelor of Science degree with a dual major in biology and history from Murray State University in 1968. He earned a Juris Doctor degree, with distinction, from Emory University in 1975 and a Master of Laws in Taxation from New York University in 1979.

» View Full Table of Contents [PDF]

SUMMARY TABLE OF CONTENTS

PART I: ORGANIZATION

Chapter 1: Introduction

Chapter 2: Formation and Organization

PART II: OPERATION

Chapter 3: The Operating Agreement

Chapter 4: Organization

Chapter 5: Limited Liability Company Capital

Chapter 6: Allocation and Distribution Provisions

Chapter 6A: LLCs Electing to be Taxed as S Corporations

Chapter 7: Management Provisions

Chapter 8: Transfer and Buy-Sell Provisions

Chapter 9: Dissolution

Chapter 10: Books, Records, and Accounting

PART III: MISCELLANEOUS

Chapter 11: Reorganization of the LLC

Chapter 12: Doing Interstate Business

Chapter 13: Professional Limited Liability Companies

Chapter 14: Miscellaneous Forms

Chapter 15: Family Limited Liability Company Agreements

Chapter 16: Tennessee Single-Member LLCs and Nonprofit Single-Member LLCs

Chapter 17: Bankruptcy Issues Concerning LLCs

PART IV: APPENDICES

PART V: LLP AND LLC CASES

PART VI: INDICES