Miss. Code § 79-29-405

Current through the 2024 Regular Session
Section 79-29-405 - Delegation of rights and powers to manage
(1) The manager of a limited liability company has the power and authority to delegate to one or more other persons the manager's rights and powers to manage and control the business and affairs of the limited liability company, including to delegate to agents, officers and employees of:
(a) a member,
(b) a manager or
(c) the limited liability company, and to delegate by a management agreement or another agreement with, or otherwise to, other persons.
(2) Such delegation as provided in subsection (1) of this section shall not cause the manager to cease to be a manager of the limited liability company or cause the person to whom any such rights and powers have been delegated to be a manager of the limited liability company.

Miss. Code § 79-29-405

Laws, 2010, ch. 532, § 1, eff. 1/1/2011.