N.H. Rev. Stat. § 304-C:14

Current through Chapter 381 of the 2024 Legislative Session

Section 304-C:14 - Member

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.

RSA 304-C:14

Amended by 2016, 246:1, eff. 8/9/2016.

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

2012, 232:2, eff. Jan. 1, 2013. 2016, 246:1, eff. Aug. 9, 2016.