Multiple roles of members and managers

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

§ 4174. Multiple roles of members and managers

(a) A member or manager of a BBLLC may interact with the BBLLC in multiple roles, including as a member, manager, developer, node, miner, or other participant in the BBLLC, or as a trader and holder of the currency in its own account and for the account of others, provided such member or manager complies with any applicable fiduciary duties.

(b) The activities of a member or manager who interacts with the BBLLC through multiple roles are not deemed to take place in this State solely because the BBLLC is organized in this State. (Added 2017, No. 205 (Adj. Sess.), § 7.)


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