2013 New Hampshire Revised Statutes
Title XXVIII - PARTNERSHIPS
Chapter 304-C - LIMITED LIABILITY COMPANIES
Section 304-C:50 - Termination of Status as Manager.
304-C:50 Termination of Status as Manager.
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.
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