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2017 Tennessee Code
Title 48 - Corporations and Associations
Limited Liability Companies
Chapter 240 - Member Management
§ 48-240-101. Member-managed.
Universal Citation: TN Code § 48-240-101 (2017)
If the LLC has elected to be member-managed, any actions that would require the action of the board of governors shall be made by the members. Unless chapters 201-248 of this title, the articles or operating agreement require otherwise, decisions shall be made and actions taken by a majority vote of the members acting in their capacity as members present at a meeting at which a quorum is established.
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