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Form a Business

Transfers of Membership Rights.

RSA 304-C:121
in effect
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304-C:121. Transfers of Membership Rights. Unless the operating agreement provides otherwise, or as provided in RSA 304-C:123. I. No member shall transfer all or any part of the member's membership rights to any transferee except upon a unanimous vote of the other members; and II. Notwithstanding the members' voting in favor of the transfer of the membership rights, unless the transferee is admitted as a member of the limited liability company under the provisions of RSA 304-C:53, the transferee shall not be entitled to exercise the transferred management rights. 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-121.htmFetched: 10/20/2026

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