2015 Minnesota Statutes
Chapters 300 - 323A — BUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS
Chapter 322B — LIMITED LIABILITY COMPANIES
Section 322B.689 — DELEGATION.
Unless prohibited by the articles, a member control agreement, or bylaws or by a resolution approved by the affirmative vote of a majority of the governors present, a manager may, without the approval of the board, delegate some or all of the duties and powers of an office to other persons. A manager who delegates the duties or powers of an office is subject to the standard of conduct for a manager in section 322B.69 with respect to: (1) the act of delegation; and (2) the supervision of persons to whom those duties and powers are so delegated.
History:1992 c 517 art 2 s 91; 1999 c 85 art 2 s 82,96; 2014 c 157 art 1 s 91; 2014 c 170 s 32
Disclaimer: These codes may not be the most recent version. Minnesota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
