Thanks, we'll add that to the bylaws.

I thought it was April, since she announced in an email
between meetings, but then I thought the mode is the sooner
the better. We'll with draw her as of April valuation date.

Thanks for all your help!
Etana

IraS1@aol.com wrote:
> There aren't instructions in the bivio manual because the specifics need to
> be spelled out in your PA. If yours is vague, you need to get it amended ASAP.
> The standard BI PA states that you use the valuation at the next meeting after
> the withdrawal request is announced at a meeting. So, using your example, you
> would use the April 11 valuation.
>  
> Ira Smilovitz
>  
>
> In a message dated 03/09/08 2:41:28 P.M. Eastern Daylight Time,
> etana_finkler@bivio.com writes:
> I am
> sorry to keep not remembering this, but I searched in
> the bivio getting
> started manual, and could not find the
> word "withdrawal" or instructions
> about the valuation date
> for the withdrawing member
>
> Would you mind
> writing a sentence or 2 for our operating
> agreement? Our PA is vague, and
> our Operating Agreement
> isn't clear on this either. I pretty much know how
> to do it
> in bivio
>
> A member gave us notice to withdraw  on 2/25,
> AFTER last
> month's meeting (Feb 11). Is her valuation date this
> month's
> valuation date (Mar 7) or the valuation date after the
> next
> meeting after she gives notice (Apr11)?
>
> I'm surprised there
> isn't instructions in the bivio Manual.
> thanks,
> Etana
>
>
>
> It's Tax Time! Get tips, forms and advice on AOL Money & Finance.