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<p class="MsoNormal"><span style="color:#1F497D">I don’t see why the powers can’t be exercised under POA unless operating agreement prohibits the same and I have seen operating agreements that do just that.<o:p></o:p></span></p>
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<p class="MsoNormal"><b>From:</b> wsbapt-bounces@lists.wsbarppt.com <wsbapt-bounces@lists.wsbarppt.com>
<b>On Behalf Of </b>Matt Yates<br>
<b>Sent:</b> Thursday, January 30, 2020 5:08 PM<br>
<b>To:</b> wsbapt@lists.wsbarppt.com<br>
<b>Subject:</b> [WSBAPT] Effect of LLC Member Appointing Agent using POA<o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">I am going to put this out to the Business Section listserve as well but I thought I would try here. I have an LLC client with five members. One of the members has given a limited power of attorney to her husband (not a member) listing
mostly the powers enumerated in the statute when it comes to dealing with the LLC. Another two Members who are husband and wife now want other Member’s husband to act as their agent as well. I certainly acknowledge the powers granted under 11.125.310 but
it sure feels like an end run around the operating agreement. The operating agreement at issue makes transfers NOT consented to by the other members transfers of financial interests only. It seems like the POA allows for a non-member to act like a member
all respects. <o:p></o:p></p>
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<p class="MsoNormal">Has anyone encountered this before?<o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">Matthew D. Yates<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">Attorney at Law<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">Yates Marshall, PLLC<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">10000 NE 7th Avenue, Suite 200<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">Vancouver, WA 98685<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">Phone: (360) 449-6100<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">Fax: (360) 449-6111<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif"><a href="mailto:matt@yatesmarshall.com">matt@yatesmarshall.com</a> (<b>New Email Address</b>)<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif"><a href="http://www.yatesmarshall.com">www.yatesmarshall.com</a><o:p></o:p></span></p>
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