Then, you would follow the contract (i.e. formation documents) or law, on how to handle assets and liabilities, which could involve disbursing assets of the partnership ONLY AFTER all the other liabilities have been taking care of. Download this Consultant Timesheet Template that’s designed to account for time that a consultant would spend on any project that requires a consultant and/or contractor. This timesheet will account for the hours that are spent with or without the client present. This will also serve as a record for the time served on any consulting project and could be used to provide to the client as an invoice as well. No, I will not be taking any salary. In Texas, however, Members are forbidden from withdrawing (See Sec. Remember, these are “default rules” which may be overridden by an Operating Agreement. LLC Manager Resolution LLC Member Resolution LLC Articles Amendment LLC Capital Contributions Bill of Sale LLC Membership Interest Bill of Sale LLC Operating Agreement LLC Articles of Organization.