Intent; Validity of Operating Agreements and Acts Before July 1, 2014

  1. Law
  2. Indiana Code
  3. Business and Other Associations
  4. Limited Liability Companies
  5. Relations of Members and Managers to Persons Dealing With a Limited Liability Company
  6. Intent; Validity of Operating Agreements and Acts Before July 1, 2014

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Sec. 2.6. Section 2.5 of this chapter and IC 23-18-4-4(a)(3) are not intended to adversely affect the validity of:

(1) any provision of a written operating agreement in effect before July 1, 2014, that:

(A) provides for an officer or officers; or

(B) sets forth the powers or duties of an officer or officers; or

(2) any act by an officer before July 1, 2014.

As added by P.L.63-2014, SEC.31.


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