Limited liability companies are corporate business entities run by at least one individual. When an LLC has more than one owner, some form of voting rights must be established so the members can determine how to carry out a course of action. The LLC's operating agreement -- essentially, a contract between each member setting forth each member's rights and responsibilities -- should contain a provision describing the voting rights.
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The most basic voting right is a simple one-member, one-vote rule, whereby each member has an equal say in the decision-making process. Under this arrangement, each member may cast one vote for any given action, and that vote carries the same weight as the other members' votes, regardless of the amount of capital or other contribution a particular member has made to the organization. One-member, one-vote can be problematic if there are an equal number of members in the LLC. In events of a tie, the LLC operating agreement should describe the deadlock resolution process, which may involve needing a third party, such as an arbitrator, to settle the dispute.