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RSA 304-C:120 · Limited Liability Company Grants of Membership Rights

Official source

304-C:120 Limited Liability Company Grants of Membership Rights. –
Unless the operating agreement provides otherwise, after the formation of the limited liability company, the limited liability company shall not grant membership rights to a third party or additional membership rights to an existing member, except upon a unanimous vote of the members.
Source. 2012, 232:2, eff. Jan. 1, 2013.

Source note

Source. 2012, 232:2, eff. Jan. 1, 2013.

Source history

  • 2012, 232:2, eff. Jan. 1, 2013

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