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RSA 304-C:88 · Remedies for Breaches of Operating Agreements by Members, Etc

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

Official source

304-C:88 Remedies for Breaches of Operating Agreements by Members, Etc. –
I. An operating agreement may provide that a member who fails to perform in accordance with, or to comply with the terms and conditions of, the operating agreement shall be subject to specified penalties or consequences.
II. An operating agreement may provide that at the time or upon the occurrence of events specified in the operating agreement, a member shall be subject to specified penalties or specified consequences, including those set forth in RSA 304-C:87, VII.
Source. 2012, 232:2, eff. Jan. 1, 2013.
Allocations

Source note

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

Source history

  • 2012, 232:2, eff. Jan. 1, 2013. Allocations

Related materials

Bills affecting or mentioning this RSA