N.H. Rev. Stat. § 304-C:107

Current through Chapter 43 of the 2024 Legislative Session (with exception of Chapter 41 which is not yet available)
Section 304-C:107 - Expansion, Restriction and Elimination of Duties

To the extent that, at law or in equity, a member or manager or other person has duties, including fiduciary duties, to a limited liability company or to another member or manager or to another person that is a party to or is otherwise bound by an operating agreement, the member's or manager's or other person's duties may be expanded or restricted or eliminated by provisions in the operating agreement; provided, that the operating agreement may not eliminate the implied contractual covenant of good faith and fair dealing.

RSA 304-C:107

Entire chapter added by 2012, 232:2, eff. 1/1/2013.

2012, 232:2, eff. Jan. 1, 2013.