§7-16-15  Managers. –

Published: 2015

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Corporations, Associations, and Partnerships


The Rhode Island Limited Liability Company Act

SECTION 7-16-15

   § 7-16-15  Managers. –

(a) The articles of organization or a written operating agreement may deny,

restrict or enlarge the management rights and duties of any member or group or

class of member and may provide that the business and affairs of the limited

liability company shall be managed by or under the authority of one or more

managers who may, but need not be, members.

   (b) The articles of organization or written operating

agreement may prescribe qualifications for managers.

   (c) The number of managers may be specified in or fixed in

accordance with the articles of organization or written operating agreement.

History of Section.

(P.L. 1992, ch. 280, § 1.)