Other provisions related to a limited liability trust company
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For purposes of the provisions of this chapter other than this subarticle, as the context requires:
A manager and the board of managers are considered to be a director and the board of directors, respectively;
If there is not a board of managers, a participant is considered to be a director and all of the participants are considered to be the board of directors;
A participant or participant-transferee is considered to be a shareholder;
A participation share is considered to be a share of stock; and