§ 25.15.160. Manager -- Members' rights and duties
A person who is both a manager and a member has the rights and powers, and is subject to the restrictions and liabilities, of a manager and, except as provided in a limited liability company agreement, also has the rights and powers, and is subject to the restrictions and liabilities, of a member to the extent of his or her participation in the limited liability company as a member.
[1994 c 211 § 403.]
Sections: Previous 25.15.120 25.15.125 25.15.130 25.15.135 25.15.140 25.15.150 25.15.155 25.15.160 25.15.165 25.15.170 25.15.175 25.15.180 25.15.185 25.15.190 25.15.195 NextLast modified: April 7, 2009