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2018 Indiana Code
TITLE 23. Business and other Associations
ARTICLE 18.1. SERIES LIMITED LIABILITY COMPANIES
CHAPTER 4. Formation
23-18.1-4-7. Cease to be manager of series; limitation of effect
Universal Citation: IN Code § 23-18.1-4-7 (2018)
IC 23-18.1-4-7 Cease to be manager of series; limitation of effect
Sec. 7. Except as otherwise provided in an operating agreement, any event under this article or in an operating agreement that causes a manager to cease to be a manager with respect to a series does not, in itself, cause the manager to cease to be a manager of the master limited liability company or with respect to any other series of the master limited liability company.
As added by P.L.170-2016, SEC.19.
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