There is a newer version of the New Hampshire Revised Statutes
2010 New Hampshire Statutes
TITLE XXVIII PARTNERSHIPS
CHAPTER 304-C LIMITED LIABILITY COMPANIES
Section 304-C:8 Business Transactions of Member or Manager With the Limited Liability Company.
NH Rev Stat § 304-C:8 (1996 through Reg Sess) What's This?
304-C:8 Business Transactions of Member or Manager With the Limited Liability Company. – Except as provided in a limited liability company agreement, a member or manager may lend money to, borrow money from, act as a surety, guarantor or endorser for, guaranty or assume one or more specific obligations of, provide collateral for, and transact other business with a limited liability company and, subject to other applicable law, has the same rights and obligations with respect to any such matter as a person who is not a member or manager.
Source. 1993, 313:1, eff. July 1, 1993.
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