RSA 304-C:106: Application to Certain Members of Fiduciary Duties Applicable to Managers.
Where this section sits in the code
- Title XXVIII: PARTNERSHIPS
- Chapter 304-C: LIMITED LIABILITY COMPANIES
- Fiduciary Duties and Related Matters
Unless the operating agreement provides otherwise, the duties imposed on managers of limited liability companies under this subdivision shall apply also to:
I. Members of member-managed multi-member limited liability companies; and
II. Non-manager members of manager-managed multi-member limited liability companies to the extent that these non-manager members exercise management functions for these limited liability companies.
Collected 2026-09-05T14:54:51Z. Source file · JSON