New Hampshire Statutes
§ 304-C:108 — Duty and Standard of Care
New Hampshire § 304-C:108
JurisdictionNew Hampshire
Title XXVIIIPARTNERSHIPS
Ch. 304-CLIMITED LIABILITY COMPANIES
SubdivisionFiduciary Duties and Related Matters
This text of New Hampshire § 304-C:108 (Duty and Standard of Care) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.H. Rev. Stat. Ann. § 304-C:108 (2026).
Text
I.Unless the operating agreement provides otherwise, managers shall have a duty of care to the limited liability company and to the members.
II.Unless the operating agreement provides otherwise, managers shall discharge their management duties with the care that a person in a like position would reasonably believe appropriate under similar circumstances.
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Legislative History
2012, 232:2, eff. Jan. 1, 2013.
Nearby Sections
15
§ 304-C:1
Short Title§ 304-C:10
Include§ 304-C:102
Other Permissible Events of Dissociation§ 304-C:103
Member Withdrawals§ 304-C:104
Judicial Removal of Member§ 304-C:105
Distributions Upon Member Dissociation§ 304-C:105-a
Right of Legal Representatives of Certain Dissociated Members to Exercise Members' Membership Rights§ 304-C:108
Duty and Standard of Care§ 304-C:109
Business Judgment Rule§ 304-C:11
Limited Liability Company§ 304-C:110
Duty of Loyalty-in GeneralCite This Page — Counsel Stack
Bluebook (online)
New Hampshire § 304-C:108, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/304-C/304-C%3A108.