RSA 304-C:50 Termination of Status as Manager.

Title: XXVIII - PARTNERSHIPS Chapter: 304-C - LIMITED LIABILITY COMPANIES

I. An operating agreement may provide for the termination of a manager's status as manager.
II. Unless the operating agreement provides otherwise, a manager's status as manager may be terminated by majority vote of the members at any time for any reason or for no reason.

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

Log in to read the full statute text and search all NH RSAs.

Read Full Statute