Delegation

  1. Law
  2. Tennessee Code
  3. Securities, Corporations and Associations
  4. Managers
  5. Delegation

Checkout our iOS App for a better way to browser and research.

Unless prohibited by the articles, the operating agreement, or by a resolution:

  1. Adopted by the affirmative vote of the governors present at a duly held meeting of a board-managed liability company; or
  2. Approved by the affirmative vote of a majority of the membership interest entitled to vote at a duly held meeting of the members of a member-managed LLC;

    a manager elected or appointed may, without further approval, delegate some or all of the duties and powers of an office to other persons. A manager who delegates the duties or powers of an office remains subject to the standard of conduct for a manager with respect to the discharge of all duties and powers so delegated.


Download our app to see the most-to-date content.