Section 304-C:47 - Management of Limited Liability CompaniesI. An operating agreement may provide for the management of a limited liability company in whole or in part by a manager or managers.II. Unless the operating agreement provides otherwise, a limited liability company shall be managed by its members.Entire chapter added by 2012, 232:2, eff. 1/1/2013. 2012, 232:2, eff. Jan. 1, 2013.