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Current as of January 02, 2024 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Tennessee Code Title 48. Corporations and Associations § 48-241-110 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-48-corporations-and-associations/tn-code-sect-48-241-110/
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.
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