{"data":{"id":"us-nh/rsa-304-c-111","jurisdiction":"us-nh","citation":"RSA 304-C:111","heading":"Implied Contractual Covenant of Good Faith and Fair Dealing.","body":"I. Managers shall comply with the implied contractual covenant of good faith and fair dealing.\nII. The implied contractual covenant of good faith and fair dealing shall include a duty to use reasonable efforts to meet the reasonable expectations of the limited liability company and of the members on matters within the scope of the operating agreement but not specifically addressed in it.","path":["Title XXVIII: PARTNERSHIPS","Chapter 304-C: LIMITED LIABILITY COMPANIES","Fiduciary Duties and Related Matters"],"source_url":"https://gc.nh.gov/rsa/html/XXVIII/304-C/304-C-111.htm","current_through":"2025 regular legislative session, or December 2025","vintage":"","retrieved_at":"2026-09-05T14:54:51Z","sha256":"7c7ebaa4980d1d961a4452774afb5c99628384279bfe2ec47cd33e1b0ebff26d","source_id":"us-nh","stale":false,"prev":"us-nh/rsa-304-c-110","next":"us-nh/rsa-304-c-112"},"notice":"GroundRules: Original legal text. Not legal advice."}