1. The Laws of New York
  2. Consolidated Laws
  3. Limited Liability Company Law
  4. Article 4: Management By Members or Managers


Section 415 Resignation of managers

Limited Liability Company Law (LLC)

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.