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New York · Through 2026-09-11

N.Y. Limited Liability Company Law § 415: Resignation of managers

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Where this section sits in the code
  1. Limited Liability Company Law
  2. Article 4. Management By Members or Managers

§ 415. Resignation of managers. Except as provided in the operating

agreement, a manager may resign at any time by giving written notice to

the limited liability company; provided, however, that if the

resignation violates any provision contained in the operating agreement

or the provision of any contractual agreement between the manager and

the limited liability company, the limited liability company may recover

from such manager damages for such breach as provided by such operating

agreement or contract or by law. The election of a manager shall not of

itself create contract rights.

Collected 2026-09-14T19:32:45Z. Source file · JSON

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