§1521. Limited liability company agreement; scope, function and limitations 1. Agreement governs. Except as otherwise provided in subsection 3 and section 1522, the limited liability company agreement governs relations among the members as members and between the members and the limited liability company. [PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c. […]
§1522. Provisions of the chapter that may not be modified by the limited liability company agreement 1. Prohibited contents. A limited liability company agreement may not: A. Vary the distinction between the limited liability company as an entity and its members under section 1504, subsection 1; [PL 2009, c. 629, Pt. A, §2 […]
§1523. Limited liability company agreement; effect on limited liability company and persons admitted as members; preformation agreement 1. Agreement binding and enforceable. A limited liability company is bound by and may enforce the limited liability company agreement, whether or not the limited liability company has itself manifested assent to the limited liability company agreement. […]
§1524. Limited liability company agreement; effect on 3rd parties and relationship to records effective on behalf of limited liability company 1. Manner of amendment. If a limited liability company agreement provides for the manner in which it may be amended, including by requiring the approval of a person who is not a party to the […]
