{"data":{"id":"us-nh/rsa-304-c-114","jurisdiction":"us-nh","citation":"RSA 304-C:114","heading":"Remedies for Breaches of Operating Agreements by Managers.","body":"I. An operating agreement may provide that a manager who fails to perform in accordance with, or to comply with the terms and conditions of, the operating agreement shall be subject to specified penalties or specified consequences; and\nII. An operating agreement may provide that at the time or upon the occurrence of events specified in the operating agreement, a manager shall be subject to specified penalties or consequences.","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-114.htm","current_through":"2025 regular legislative session, or December 2025","vintage":"","retrieved_at":"2026-09-05T14:54:51Z","sha256":"4dc4a806c5ee9e9b579df206dd307050eb74693e2957be1ef3b2832a86f90fcc","source_id":"us-nh","stale":false,"prev":"us-nh/rsa-304-c-113","next":"us-nh/rsa-304-c-115"},"notice":"GroundRules: Original legal text. Not legal advice."}