Tennessee Statutes
§ 48-241-107 — Removal of a manager
Tennessee § 48-241-107
JurisdictionTennessee
Title48
This text of Tennessee § 48-241-107 (Removal of a manager) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tenn. Code Ann. § 48-241-107 (2026).
Text
(a)Unless otherwise provided in the articles or operating agreement, if the LLC is board-managed:
(1)A manager serves at the pleasure of the board of governors;
(2)The board of governors may remove a manager at any time with or without cause; and (3) The board of governors may eliminate any manager position other than chief manager or secretary at any time.
(b)Unless otherwise provided in the articles or operating agreement, if the LLC is member-managed:
(1)A manager serves at the pleasure of the members;
(2)The members may remove a manager at any time with or without cause; and (3) The members may eliminate any manager position other than chief manager or secretary at any time.
(c)The removal of a manager under subsection (a) or (b) is without prejudice to the contractual rights of
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Legislative History
Acts 1994, ch. 868, § 1.
Nearby Sections
15
§ 48-1-101
Short title§ 48-1-102
Part definitions§ 48-1-103
Exemptions§ 48-1-105
Registration by coordination§ 48-1-106
Registration by qualification§ 48-1-109
Registration as broker-dealers, agents, investment advisers, and investment adviser representatives§ 48-1-111
Records and reports - Examinations§ 48-1-115
AdministrationCite This Page — Counsel Stack
Bluebook (online)
Tennessee § 48-241-107, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/48-241-107.