TITLE XXVIII
PARTNERSHIPS

CHAPTER 304-C
LIMITED LIABILITY COMPANIES

Management of Limited Liability Companies-General Provisions

Section 304-C:47

    304-C:47 Management of Limited Liability Companies. –
I. An operating agreement may provide for the management of a limited liability company in whole or in part by a manager or managers.
II. Unless the operating agreement provides otherwise, a limited liability company shall be managed by its members.

Source. 2012, 232:2, eff. Jan. 1, 2013.