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This entry was published on 2014-09-22
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Resignation of managers
Limited Liability Company Law (LLC) CHAPTER 34, ARTICLE 4
§ 415. Resignation of managers. Except as provided in the operating
agreement, a manager may resign at any time by giving written notice to
the limited liability company; provided, however, that if the
resignation violates any provision contained in the operating agreement
or the provision of any contractual agreement between the manager and
the limited liability company, the limited liability company may recover
from such manager damages for such breach as provided by such operating
agreement or contract or by law. The election of a manager shall not of
itself create contract rights.