Skip to main content
Find a Lawyer

Tennessee Code Title 48. Corporations and Associations § 48-241-107

Current as of January 02, 2024 | Updated by Findlaw Staff

(a) Unless otherwise provided in the articles or operating agreement, if the LLC is board-managed:

(1) A manager serves at the pleasure of the board of governors;

(2) The board of governors may remove a manager at any time with or without cause; and

(3) The board of governors may eliminate any manager position other than chief manager or secretary at any time.

(b) Unless otherwise provided in the articles or operating agreement, if the LLC is member-managed:

(1) A manager serves at the pleasure of the members;

(2) The members may remove a manager at any time with or without cause; and

(3) The members may eliminate any manager position other than chief manager or secretary at any time.

(c) The removal of a manager under subsection (a) or (b) is without prejudice to the contractual rights of the manager, if any.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Tennessee Code Title 48. Corporations and Associations § 48-241-107 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-48-corporations-and-associations/tn-code-sect-48-241-107/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard