Virginia Code Title 13.1. Corporations § 13.1-1093. Additional limitations on operating agreement
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A. An operating agreement shall not vary the effect of:
1. This section;
4. Subsection B of § 13.1-1090 to provide a protected series a power in addition to the powers provided to a limited liability company under the other articles of this chapter;
9. Section 13.1-1095, except to vary the manner in which a limited liability company approves establishing a protected series;
10. Section 13.1-1096;
11. Section 13.1-1099.2;
12. Section 13.1-1099.3;
16. Section 13.1-1099.8;
17. Section 13.1-1099.9;
18. Section 13.1-1099.10;
20. Section 13.1-1099.12, except to designate a different person to manage winding up;
21. Section 13.1-1099.13;
25. A provision of this article pertaining to:
a. A registered office or registered agent; or
b. The Commission, including provisions pertaining to records authorized or required to be delivered to the Commission for filing under this article or chapter.
B. An operating agreement shall not unreasonably restrict the duties and rights under § 13.1-1099.6 but may impose reasonable restrictions on the availability and use of information obtained under § 13.1-1099.6 and may provide appropriate remedies, including liquidated damages, for a breach of any reasonable restriction on use.
Cite this article: FindLaw.com - Virginia Code Title 13.1. Corporations § 13.1-1093. Additional limitations on operating agreement - last updated January 01, 2020 | https://codes.findlaw.com/va/title-13-1-corporations/va-code-sect-13-1-1093/
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