Legislation
ARTICLE 4
Management By Members or Managers
Limited Liability Company Law (LLC) CHAPTER 34
ARTICLE IV
MANAGEMENT BY MEMBERS OR MANAGERS
Section 401. Management of the limited liability company by members.
402. Voting rights of members.
403. Meetings of members.
404. Quorum of members.
405. Notice of meetings of members.
406. Waiver of notice.
407. Action by members without a meeting.
408. Management by managers.
409. Duties of managers.
410. Qualification of managers.
411. Interested managers.
412. Agency of members or managers.
413. Election and term of managers.
414. Removal or replacement of managers.
415. Resignation of managers.
416. Vacancies.
417. Operating agreement.
418. Classes and voting of members.
419. Classes and voting of managers.
420. Indemnification.
MANAGEMENT BY MEMBERS OR MANAGERS
Section 401. Management of the limited liability company by members.
402. Voting rights of members.
403. Meetings of members.
404. Quorum of members.
405. Notice of meetings of members.
406. Waiver of notice.
407. Action by members without a meeting.
408. Management by managers.
409. Duties of managers.
410. Qualification of managers.
411. Interested managers.
412. Agency of members or managers.
413. Election and term of managers.
414. Removal or replacement of managers.
415. Resignation of managers.
416. Vacancies.
417. Operating agreement.
418. Classes and voting of members.
419. Classes and voting of managers.
420. Indemnification.