2013 New Hampshire Revised Statutes
Title XXVIII - PARTNERSHIPS
Chapter 304-C - LIMITED LIABILITY COMPANIES
Section 304-C:64 - Vote, Majority Vote, Etc.--Definitions.


NH Rev Stat § 304-C:64 (2013) What's This?

    304-C:64 Vote, Majority Vote, Etc.--Definitions. –
    I. For purposes of this subdivision, the term "vote'' shall mean any expression of approval, consent, or dissent, whether by voice, by show of hand, in writing, or otherwise.
    II. Unless an operating agreement provides otherwise, a majority vote of the members means an affirmative vote by members holding a majority of member votes. The number of member votes held by each member shall be determined under RSA 304-C:65, II.
    III. A majority vote of the other members means an affirmative vote of members holding a majority of member votes exclusive of those held by a specified member.
    IV. With respect to any limited liability company matter, a disinterested member means a member with no material financial or other interest in the matter except in the member's capacity as a member.

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


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