Full Transfer: Selling an Arizona LLC Consult your OA first. It should have detailed information about how to handle full transfers and sales to outside entities. Get member approval. Determine the buyer's interest. Draft and execute a buy-sell agreement with the buyer.
Online filings: In total, online filing approvals for Arizona LLCs take around 3 weeks. Your LLC filing will begin processing once your statutory agent accepts their role by email. And then the Secretary of State's office takes 14-16 business days to process the paperwork.
If you do not have an operating agreement, you will have to follow Arizona's default rules as mentioned in Arizona Revised Statute § 29-3602. ing to the default provisions, a member of an LLC can be removed with the affirmative vote or unanimous consent of all the other members.
Dissolving Your LLC in Arizona Step 1: Vote to dissolve the LLC. Step 2: Wind up all business affairs and handle any other business matters. Step 3: Notify creditors and claimants about your LLC's dissolution, settle existing debts, and distribute remaining assets. Step 4: Notify Tax Agencies and settle remaining taxes.