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This entry was published on 2014-09-22
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SECTION 416
Vacancies
Limited Liability Company Law (LLC) CHAPTER 34, ARTICLE 4
§ 416. Vacancies. (a) Except as provided in the operating agreement,
if management of the limited liability company is vested in a group of
managers, any vacancies occurring in such group may be filled by the
vote of a majority in interest of the members entitled to vote thereon.

(b) Except as provided in the operating agreement, a manager chosen to
fill a vacancy shall serve the unexpired term of his or her predecessor.

(c) Except as provided in the operating agreement, any manager's
position filled by reason of an increase in the number of managers shall
be filled by the vote of a majority in interest of the members entitled
to vote thereon.

(d) Except as provided in the operating agreement, a manager chosen to
fill a position resulting from an increase in the number of managers
shall hold office until the next annual meeting of members or until a
successor has been elected and qualified.