New Hampshire Revised Statutes 304-C:51 – Managers who are Also Members
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Unless the operating agreement provides otherwise, a person who is both a manager and a member:
I. Has the rights and powers and is subject to the duties of a manager; and
II. Has the rights and powers and is subject to the duties of a member.
I. Has the rights and powers and is subject to the duties of a manager; and
Terms Used In New Hampshire Revised Statutes 304-C:51
- person: may extend and be applied to bodies corporate and politic as well as to individuals. See New Hampshire Revised Statutes 21:9
II. Has the rights and powers and is subject to the duties of a member.