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Form a Business

Pledges of Membership Rights.

RSA 304-C:122
in effect
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304-C:122. Pledges of Membership Rights. I. Unless the operating agreement or RSA 304-C:123 provide otherwise, no member shall pledge all or any part of the member's membership rights to any person except upon a unanimous vote of the other members. II. Unless the operating agreement provides otherwise, the pledge of any or all of the membership rights of a member shall not cause the member to cease to be a member or to cease to have the power to exercise any rights or powers of a member. Source. 2012, 232:2, eff. Jan. 1, 2013.
Source: New Hampshire General Court (gc.nh.gov)URL: https://gc.nh.gov/rsa/html/XXVIII/304-C/304-C-122.htmFetched: 10/20/2026

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