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Remedies for Breaches of Operating Agreements by Managers.

RSA 304-C:114
in effect
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304-C:114. Remedies for Breaches of Operating Agreements by Managers. I. An operating agreement may provide that a manager who fails to perform in accordance with, or to comply with the terms and conditions of, the operating agreement shall be subject to specified penalties or specified consequences; and II. An operating agreement may provide that at the time or upon the occurrence of events specified in the operating agreement, a manager shall be subject to specified penalties or consequences. 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-114.htmFetched: 10/20/2026

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