{"data":{"id":"us-nh/rsa-304-c-117","jurisdiction":"us-nh","citation":"RSA 304-C:117","heading":"Advancement of Legal Costs, Etc.","body":"Subject to such standards and restrictions, if any, as are set forth in its operating agreement, a limited liability company may advance to members, managers, and other persons their costs, including legal fees, in defending themselves against claims arising from their relationship to the limited liability company:\nI. If the operating agreement so provides; or\nII. If a majority of the disinterested members so vote.","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-117.htm","current_through":"2025 regular legislative session, or December 2025","vintage":"","retrieved_at":"2026-09-05T14:54:51Z","sha256":"5caf29da718904132b194f92ae2845889d2e53b85440bcf2704891f2963a8f2e","source_id":"us-nh","stale":false,"prev":"us-nh/rsa-304-c-116","next":"us-nh/rsa-304-c-118"},"notice":"GroundRules: Original legal text. Not legal advice."}
