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