Tennessee Code 48-224-101 – Members vote
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Terms Used In Tennessee Code 48-224-101
- Member: means a person reflected in the required records of an LLC as the owner of some governance rights of a membership interest of the LLC. See Tennessee Code 48-202-101
- Operating agreement: means a written agreement described in §. See Tennessee Code 48-202-101
- Voting power: means the total number of votes entitled to be cast for the election of directors at the time the determination of voting power is made, excluding a vote which is contingent upon the happening of a condition or event that has not occurred at the time. See Tennessee Code 48-51-201
Unless otherwise provided in the articles or operating agreement, each member shall have equal voting power per capita with each other member.