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2017 Tennessee Code
Title 48 - Corporations and Associations
Limited Liability Companies
Chapter 241 - Managers
§ 48-241-107. Removal of a manager.
Universal Citation: TN Code § 48-241-107 (2017)
- (a) Unless otherwise provided in the articles or operating agreement, if the LLC is board-managed:
- (1) A manager serves at the pleasure of the board of governors;
- (2) The board of governors may remove a manager at any time with or without cause; and
- (3) The board of governors may eliminate any manager position other than chief manager or secretary at any time.
- (b) Unless otherwise provided in the articles or operating agreement, if the LLC is member-managed:
- (1) A manager serves at the pleasure of the members;
- (2) The members may remove a manager at any time with or without cause; and
- (3) The members may eliminate any manager position other than chief manager or secretary at any time.
- (c) The removal of a manager under subsection (a) or (b) is without prejudice to the contractual rights of the manager, if any.
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