§ 7-16-19. Action by managers.
If the business and affairs of the limited liability company is managed by or under the authority of more than one manager under § 7-16-15, except as otherwise provided in this chapter, the articles of organization or operating agreement, the managers shall act by majority vote, with each manager being entitled to one vote.
History of Section.
P.L. 1992, ch. 280, § 1.