Oklahoma Statutes

§ 18-2014 — Managers - Election – Removal - Resignation.

Oklahoma·Title 18 Corporations
MANAGERS – ELECTION – REMOVAL – RESIGNATION Unless otherwise provided in the articles of organization or operating agreement: 1. The election of managers shall be by majority vote of the members; 2. Any or all managers may be removed, with or without cause, by the written consent of the members; and 3. A manager may resign in accordance with the operating agreement or, if the operating agreement does not provide for the manager’s resignation, upon notice to the limited liability company.

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Legislative History

Added by Laws 1992, c. 148, § 15, eff. Sept. 1, 1992. Amended by Laws 1993, c. 366, § 7, eff. Sept. 1, 1993; Laws 2001, c. 405, § 30, eff. Nov. 1, 2001.

Nearby Sections

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