Section 304-C:50 - Termination of Status as ManagerI. An operating agreement may provide for the termination of a manager's status as manager. II. Unless the operating agreement provides otherwise, a manager's status as manager may be terminated by majority vote of the members at any time for any reason or for no reason.Entire chapter added by 2012, 232:2, eff. 1/1/2013. 2012, 232:2, eff. Jan. 1, 2013.