Rhode Island Statutes

§ 7-16-19 — § 7-16-19. Action by managers.

Rhode Island·Title 7 Corporations, Associations and Partnerships·Ch. 7-16 The Rhode Island Limited Liability Company Act

§ 7-16-19. Action by managers.

If the business and affairs of the limited liability company is managed by or under the authority of more than one manager under § 7-16-15, except as otherwise provided in this chapter, the articles of organization or operating agreement, the managers shall act by majority vote, with each manager being entitled to one vote.

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Rhode Island § 7-16-19 (§ 7-16-19. Action by managers.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

P.L. 1992, ch. 280, § 1.

Nearby Sections

15
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