Tenn. Code Ann. § 48-240-101: Member-managed
Where this section sits in the code
- TN Code
- Title 48
- Chapter 240
If the LLC has elected to be member-managed, any actions that would require the action of the board of governors shall be made by the members. Unless chapters 201-248 of this title, the articles or operating agreement require otherwise, decisions shall be made and actions taken by a majority vote of the members acting in their capacity as members present at a meeting at which a quorum is established.
Collected 2026-09-14T18:32:26Z. Source file · JSON