Rights and Duties of Members and Managers

  1. Law
  2. Indiana Code
  3. Business and Other Associations
  4. Limited Liability Companies
  5. Rights and Duties of Members and Managers

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Section
23-18-4-1

Authority of Members or Managers

Section
23-18-4-2

Acts and Omissions Liability; Trustee for Personal Benefits Derived Through Company; Duties of Member in Company Providing for Manager

Section
23-18-4-3

Affirmative Vote, Approval, or Consent; Requirements

Section
23-18-4-4

Written Operating Agreement

Section
23-18-4-5

Operating Agreements; Objectives

Section
23-18-4-6

Initial Operating Agreement; Amendments; Power of Attorney

Section
23-18-4-7

Enforcement of Operating Agreement; Injunctive or Other Relief

Section
23-18-4-8

Records; Inspection; Full Disclosure; Omissions

Section
23-18-4-9

Managerial Omissions; Penalties or Consequences

Section
23-18-4-10

Good Faith Reliance on Records by Members or Managers; Liability

Section
23-18-4-11

Resignation of Manager

Section
23-18-4-12

Business Between Company and Member or Manager

Section
23-18-4-13

Policy