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Current as of January 01, 2026 | Updated by Findlaw Staff
Unless the articles of organization or a written operating agreement provide for management by or under the authority of one or more managers in accordance with § 7-16-15, the business and affairs of the limited-liability company shall be managed by the members. If management is vested in the members:
(1) The members are deemed to be managers for purposes of applying the provisions of this chapter unless the context clearly requires otherwise; and
(2) Each of the members has the power and authority and is subject to all duties and liabilities of managers.
Cite this article: FindLaw.com - Rhode Island General Laws Title 7. Corporations, Associations, and Partnerships § 7-16-14. Management by members - last updated January 01, 2026 | https://codes.findlaw.com/ri/title-7-corporations-associations-and-partnerships/ri-gen-laws-sect-7-16-14/
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