17-7695.Classes and voting.
(a) An operating agreement may provide for classes or
groups of
managers having
such relative rights, powers and duties as the operating agreement may
provide, and may make provision for the future creation in the manner provided
in the operating agreement of additional
classes or groups of managers having such relative rights, powers and duties as
may from time to
time be established, including rights, powers and duties senior to existing
classes and groups of
managers. An operating agreement may provide for the taking of an action,
including the
amendment of the operating agreement, without the vote or approval of any
manager or class or
group of managers, including an action to create under the provisions of the
operating agreement
a class or group of limited liability company interests that was not previously
outstanding.
(b) An operating agreement may grant to all or certain identified managers
or a specified
class or group of the managers the right to vote, separately or with all or any
class or group of
managers or members, on any matter. Voting by managers may be on a per capita,
number, financial
interest, class, group or any other basis. Unless otherwise provided
in the operating agreement, if
more than one manager is appointed, all managers shall have an equal vote per
capita.
(c) An operating agreement which grants a right to vote may set forth
provisions relating
to notice of the time, place or purpose of any meeting at which any matter is
to be voted on by any
manager or class or group of managers, waiver of any such notice, action by
consent without a
meeting, the establishment of a record date, quorum requirements, voting in
person or by proxy, or
any other matter with respect to the exercise of any such right to vote.
(d) Unless otherwise provided in an operating agreement, on any matter that
is to be voted
on by managers, the managers may take such action without a meeting, without
prior notice and
without a vote, if a consent or consents in writing, setting forth the action
so taken, shall be signed
by the managers having not less than the minimum number of votes that would be
necessary to
authorize or take such action at a meeting. Unless otherwise provided in an
operating agreement, on any matter that is to be voted on by managers, the
managers may vote in person or by proxy.
(e) When, under the provisions of the Kansas revised limited
liability company act or under
the provisions of the articles of organization or operating agreement of a
limited liability company,
notice is required to be given to a manager of a limited liability company
having a manager or
managers, a waiver in writing signed by the person or persons entitled to the
notice, whether made
before or after the time for notice to be given, is equivalent to the giving of
notice.
17-7695.Classes and voting.
(a) An operating agreement may provide for classes or
groups of
managers having
such relative rights, powers and duties as the operating agreement may
provide, and may make provision for the future creation in the manner provided
in the operating agreement of additional
classes or groups of managers having such relative rights, powers and duties as
may from time to
time be established, including rights, powers and duties senior to existing
classes and groups of
managers. An operating agreement may provide for the taking of an action,
including the
amendment of the operating agreement, without the vote or approval of any
manager or class or
group of managers, including an action to create under the provisions of the
operating agreement
a class or group of limited liability company interests that was not previously
outstanding.
(b) An operating agreement may grant to all or certain identified managers
or a specified
class or group of the managers the right to vote, separately or with all or any
class or group of
managers or members, on any matter. Voting by managers may be on a per capita,
number, financial
interest, class, group or any other basis. Unless otherwise provided
in the operating agreement, if
more than one manager is appointed, all managers shall have an equal vote per
capita.
(c) An operating agreement which grants a right to vote may set forth
provisions relating
to notice of the time, place or purpose of any meeting at which any matter is
to be voted on by any
manager or class or group of managers, waiver of any such notice, action by
consent without a
meeting, the establishment of a record date, quorum requirements, voting in
person or by proxy, or
any other matter with respect to the exercise of any such right to vote.
(d) Unless otherwise provided in an operating agreement, on any matter that
is to be voted
on by managers, the managers may take such action without a meeting, without
prior notice and
without a vote, if a consent or consents in writing, setting forth the action
so taken, shall be signed
by the managers having not less than the minimum number of votes that would be
necessary to
authorize or take such action at a meeting. Unless otherwise provided in an
operating agreement, on any matter that is to be voted on by managers, the
managers may vote in person or by proxy.
(e) When, under the provisions of the Kansas revised limited
liability company act or under
the provisions of the articles of organization or operating agreement of a
limited liability company,
notice is required to be given to a manager of a limited liability company
having a manager or
managers, a waiver in writing signed by the person or persons entitled to the
notice, whether made
before or after the time for notice to be given, is equivalent to the giving of
notice.
17-7695.Classes and voting.
(a) An operating agreement may provide for classes or
groups of
managers having
such relative rights, powers and duties as the operating agreement may
provide, and may make provision for the future creation in the manner provided
in the operating agreement of additional
classes or groups of managers having such relative rights, powers and duties as
may from time to
time be established, including rights, powers and duties senior to existing
classes and groups of
managers. An operating agreement may provide for the taking of an action,
including the
amendment of the operating agreement, without the vote or approval of any
manager or class or
group of managers, including an action to create under the provisions of the
operating agreement
a class or group of limited liability company interests that was not previously
outstanding.
(b) An operating agreement may grant to all or certain identified managers
or a specified
class or group of the managers the right to vote, separately or with all or any
class or group of
managers or members, on any matter. Voting by managers may be on a per capita,
number, financial
interest, class, group or any other basis. Unless otherwise provided
in the operating agreement, if
more than one manager is appointed, all managers shall have an equal vote per
capita.
(c) An operating agreement which grants a right to vote may set forth
provisions relating
to notice of the time, place or purpose of any meeting at which any matter is
to be voted on by any
manager or class or group of managers, waiver of any such notice, action by
consent without a
meeting, the establishment of a record date, quorum requirements, voting in
person or by proxy, or
any other matter with respect to the exercise of any such right to vote.
(d) Unless otherwise provided in an operating agreement, on any matter that
is to be voted
on by managers, the managers may take such action without a meeting, without
prior notice and
without a vote, if a consent or consents in writing, setting forth the action
so taken, shall be signed
by the managers having not less than the minimum number of votes that would be
necessary to
authorize or take such action at a meeting. Unless otherwise provided in an
operating agreement, on any matter that is to be voted on by managers, the
managers may vote in person or by proxy.
(e) When, under the provisions of the Kansas revised limited
liability company act or under
the provisions of the articles of organization or operating agreement of a
limited liability company,
notice is required to be given to a manager of a limited liability company
having a manager or
managers, a waiver in writing signed by the person or persons entitled to the
notice, whether made
before or after the time for notice to be given, is equivalent to the giving of
notice.