New Hampshire Code § 304-C:14

Member
Open in Lexace · Ask the AI about this section
Unless the operating agreement provides otherwise, "member" means a person who has been admitted to a limited liability company as a member as provided in RSA 304-C:53 or, in the case of a foreign limited liability company, in accordance with the laws of the state or foreign country or other foreign jurisdiction under which the foreign limited liability company is organized. A member does not include: I. A dissociated member. II. A member that has transferred or otherwise disposed of all of the member's membership rights. III. A member that has transferred or otherwise disposed of all of the member's membership rights except the member's limited liability company interest.

‹ Prev All New Hampshire sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.