§ 7-16-15 — § 7-16-15. Managers.
This text of Rhode Island § 7-16-15 (§ 7-16-15. Managers.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Text
§ 7-16-15. Managers.
(a) The articles of organization or a written operating agreement may deny, restrict or enlarge the management rights and duties of any member or group or class of member and may provide that the business and affairs of the limited liability company shall be managed by or under the authority of one or more managers who may, but need not be, members.
(b) The articles of organization or written operating agreement may prescribe qualifications for managers.
(c) The number of managers may be specified in or fixed in accordance with the article
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Rhode Island § 7-16-15, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/7-16-15.