{"data":{"id":"us-nh/rsa-304-c-115","jurisdiction":"us-nh","citation":"RSA 304-C:115","heading":"Exculpations-in General.","body":"An operating agreement may provide for the limitation or elimination of any and all liabilities for breach of contract and breach of duties, including fiduciary duties, of a member, manager, or other person to a limited liability company or to another member or manager, or to another person that is a party to or is otherwise bound by an operating agreement; provided, that an operating agreement may not limit or eliminate liability for any act or omission that constitutes a violation of the implied contractual covenant of good faith and fair dealing.","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-115.htm","current_through":"2025 regular legislative session, or December 2025","vintage":"","retrieved_at":"2026-09-05T14:54:51Z","sha256":"a2ccccb35ab613321ec5bb595b28e7b08894d90554971eef92fcb4485505e416","source_id":"us-nh","stale":false,"prev":"us-nh/rsa-304-c-114","next":"us-nh/rsa-304-c-116"},"notice":"GroundRules: Original legal text. Not legal advice."}