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Form a Business

Management by members

La. R.S. 12:1311
in effect
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12:1311. Management by members Except as otherwise provided in the articles of organization, the business of the limited liability company shall be managed by the members, subject to any provision in a written operating agreement restricting or enlarging the management rights and duties of any member or group or class of members. Acts 1992, No. 780, §2, eff. July 7, 1992.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=76261Fetched: 10/20/2026

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