This RSA section is an unofficial mirror, is not legal advice, and may be incomplete, outdated, or incorrectly processed.

RSA 304-C:52 · Agency Power of Members and Managers, Etc

Title: XXVIII: PARTNERSHIPS
Chapter: 304-C · LIMITED LIABILITY COMPANIES
Status: current
Official source linked: Yes

Official source Copy section link

304-C:52 Agency Power of Members and Managers, Etc. –

Copy link

Except as provided in paragraph III, every member is an agent of the limited liability company for the purpose of its business and internal affairs.

Copy link

II.

The act of any member who is an agent of a limited liability company under paragraph I, including the signing of any legal document in the name of the limited liability company, shall bind the limited liability company unless:

Copy link

(a)

The member so acting has, in fact, no authority to act for the limited liability company in the particular matter, and

Copy link

(b)

The person with whom the member is dealing has knowledge of the fact that the member has no such authority.

Copy link

III.

If the operating agreement provides that a limited liability company shall be managed by a manager or managers:

Copy link

(a)

Unless the operating agreement provides otherwise, no member, solely by reason of being a member, is an agent of the limited liability company; and

Copy link

(b)

Unless the operating agreement provides otherwise, every manager is an agent of the limited liability company for the purpose of its business and internal affairs.

Copy link

IV.

The act of any manager, including the signing in the name of the limited liability company of any legal document, shall bind the limited liability company unless:

Copy link

(a)

The manager so acting has, in fact, no authority to act for the limited liability company in the particular matter, and

Copy link

(b)

The person with whom the manager is dealing has knowledge of the fact that the manager has no such authority. Source. 2012, 232:2, eff. Jan. 1, 2013. Members-Admissions, Classes, Information Rights, Etc.

Copy link

Source note

Source. 2012, 232:2, eff. Jan. 1, 2013. Members-Admissions, Classes, Information Rights, Etc.

Source history

2012, 232:2, eff. Jan. 1, 2013. Members-Admissions, Classes, Information Rights, Etc

Related materials

Bill relationships

2026 HB186 reference
rganized under RSA 293-A or a limited liability company organized under to RSA 304-C, and may merge with a domestic business corporation organized under RSA 293-A or a limited liability company organized under RSA 304-C. 32 New Subparagraph; New Hampshire Business Corporation Act; Domestication and Conversion; Entity Conversion Authorized. ?Amend RSA 293-A:9.50 by inserting after paragraph (f) the following new subparagraph:
2026 HB186-FN-A reference
:1, I to read as follows: I. "Alternative treatment center" means a domestic business corporation organized under RSA 293-A, a domestic limited liability company organized under RSA 304-C, or a not-for-profit [entity] voluntary corporation organized under RSA 292 that is registered under RSA 126-X:7 and that acquires, possesses, cultivates, manufactures, delivers, transfers, transports, sells, supplies,
2026 HB54 reference
rganized under RSA 293-A or a limited liability company organized under to RSA 304-C, and may merge with a domestic business corporation organized under RSA 293-A or a limited liability company organized under RSA 304-C. 6 New SubParagraph; New Hampshire Business Corporation Act; Domestication and Conversion; Entity Conversion Authorized. ?Amend RSA 293-A:9.50 by inserting after paragraph (f) the following new subparagraph: (
2026 HB54-FN reference
X:1, I to read as follows: I. "Alternative treatment center" means a domestic business corporation organized under RSA 293-A, a domestic limited liability company organized under RSA 304-C, or a not-for-profit [entity] voluntary corporation organized under RSA 292 that is registered under RSA 126-X:7 and that acquires, possesses, cultivates, manufactures, delivers, transfers, transports, sells, supplies,
2026 SB479 reference
X:1, I to read as follows: I. "Alternative treatment center" means a domestic business corporation organized under RSA 293-A, a domestic limited liability company organized under RSA 304-C, or a not-for-profit [entity] voluntary corporation organized under RSA 292 that is registered under RSA 126-X:7 and that acquires, possesses, cultivates, manufactures, delivers, transfers, transports, sells, supplies,
2026 SB479-FN reference
X:1, I to read as follows: I. "Alternative treatment center" means a domestic business corporation organized under RSA 293-A, a domestic limited liability company organized under RSA 304-C, or a not-for-profit [entity] voluntary corporation organized under RSA 292 that is registered under RSA 126-X:7 and that acquires, possesses, cultivates, manufactures, delivers, transfers, transports, sells, supplies,
2026 SB644 reference
oreign partnership or such partners as set forth in title XXVIII. (E) “Member” means a person who has been admitted to a limited liability company as a member in accordance with RSA 304-C or in accordance with the laws of the state or foreign country or jurisdiction under which the limited liability company is organized. "Member" includes each member of a limited liability company, foreign limited liabi
2026 SB644-FN reference
oreign partnership or such partners as set forth in title XXVIII. (E) “Member” means a person who has been admitted to a limited liability company as a member in accordance with RSA 304-C or in accordance with the laws of the state or foreign country or jurisdiction under which the limited liability company is organized. "Member" includes each member of a limited liability company, foreign limited liabi
2026 SB651 reference
, I to read as follows: I. "Alternative treatment center" means a domestic business corporation organized under RSA 293-A, a domestic limited liability company organized under RSA 304-C, or a not-for-profit [entity] voluntary corporation organized under RSA 292 that is registered under RSA 126-X:7 that acquires, possesses, cultivates, manufactures, delivers, transfers, transports, sells, supplies, and
2026 SB651-FN-A reference
, I to read as follows: I. "Alternative treatment center" means a domestic business corporation organized under RSA 293-A, a domestic limited liability company organized under RSA 304-C, or a not-for-profit [entity] voluntary corporation organized under RSA 292 that is registered under RSA 126-X:7 that acquires, possesses, cultivates, manufactures, delivers, transfers, transports, sells, supplies, and