Home Table of Contents

§ 2014. Managers--Election--Removal--Resignation

Oklahoma Statutes AnnotatedTitle 18. Corporations

Oklahoma Statutes Annotated
Title 18. Corporations (Refs & Annos)
Chapter 32. Oklahoma Limited Liability Company Act (Refs & Annos)
18 Okl.St.Ann. § 2014
§ 2014. Managers--Election--Removal--Resignation
Currentness
MANAGERS; ELECTION; REMOVAL; RESIGNATION
Unless otherwise provided in the articles of organization or operating agreement:
1. The election of managers shall be by majority vote of the members;
2. Any or all managers may be removed, with or without cause, by the written consent of the members; and
3. A manager may resign in accordance with the operating agreement or, if the operating agreement does not provide for the manager's resignation, upon notice to the limited liability company.

Credits

Laws 1992, c. 148, § 15, eff. Sept. 1, 1992; Laws 1993, c. 366, § 7, eff. Sept. 1, 1993; Laws 2001, c. 405, § 30, eff. Nov. 1, 2001.
18 Okl. St. Ann. § 2014, OK ST T. 18 § 2014
Current with emergency effective legislation through Chapter 106 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
End of Document