§1316. Voting by managers
Except as otherwise provided in the articles of organization or an operating agreement, if the limited liability company has more than one manager, each manager shall be entitled to a single vote on all matters properly brought before the managers, and all decisions of the managers shall be made by majority vote of the managers.
Acts 1992, No. 780, §2, eff. July 7, 1992.
§1316. Voting by managers
Except as otherwise provided in the articles of organization or an operating agreement, if the limited liability company has more than one manager, each manager shall be entitled to a single vote on all matters properly brought before the managers, and all decisions of the managers shall be made by majority vote of the managers.
Acts 1992, No. 780, §2, eff. July 7, 1992.
§1316. Voting by managers
Except as otherwise provided in the articles of organization or an operating agreement, if the limited liability company has more than one manager, each manager shall be entitled to a single vote on all matters properly brought before the managers, and all decisions of the managers shall be made by majority vote of the managers.
Acts 1992, No. 780, §2, eff. July 7, 1992.
