New York Laws
LLC - Limited Liability Company Law
Article 4 - Management by Members or Managers

401 - Management of the Limited Liability Company by Members. - (b) If management of a limited liability company is vested...

402 - Voting Rights of Members. - (b) Except as provided in the operating agreement, any member...

403 - Meetings of Members. - § 403. Meetings of members. Except as provided in the...

404 - Quorum of Members. - (b) The operating agreement may provide for a greater quorum...

405 - Notice of Meetings of Members. - (b) Except as provided in the operating agreement, a copy...

406 - Waiver of Notice. - § 406. Waiver of notice. Except as provided in the...

407 - Action by Members Without a Meeting. - (b) Every written consent shall bear the date of signature...

408 - Management by Managers. - (b) Except as provided in the operating agreement and in...

409 - Duties of Managers. - (b) In performing his or her duties, a manager shall...

410 - Qualification of Managers. - (b) The operating agreement may prescribe qualifications for managers.

411 - Interested Managers. - (1) if the material facts as to such manager's interest...

412 - Agency of Members or Managers. - (b) If the articles of organization of a limited liability...

413 - Election and Term of Managers. - (b) Each manager shall hold the office and have the...

414 - Removal or Replacement of Managers. - § 414. Removal or replacement of managers. Except as provided...

415 - Resignation of Managers. - § 415. Resignation of managers. Except as provided in the...

416 - Vacancies. - (b) Except as provided in the operating agreement, a manager...

417 - Operating Agreement. - (1) the liability of any manager if a judgment or...

418 - Classes and Voting of Members. - (b) The operating agreement may set forth provisions relating to...

419 - Classes and Voting of Managers. - (b) The operating agreement may set forth provisions relating to...

420 - Indemnification. - § 420. Indemnification. Subject to the standards and restrictions, if...