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  8. Article 4 - Management by Members or Managers


Article 4 - Management by Members or Managers


  • 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.
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