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  3. pro flowers llc has been in business for 5 years.

Pro Flowers LLC has been in business for 5 years. When one of its members...

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Accounting

Pro Flowers LLC has been in business for 5 years. When one of its members dies, the other members of the LLC agree to dissolve the LLC. They
proceed to wind up the business, collecting and liquidating all the assets of the LLC. Once that is done, the proceeds will be distributed
first to creditors, and then the remaining amount will be divided equally among the members.
first to members in the amount of their capital contributions, then to creditors, and and remaining amounts ared to distributed to
members in equal shares or according to their operating agreement.
first to creditors, and then members' capital contributions will be returned.
members in equal shares or according to their operating agreement.
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