Section 7512.15 - [Effective 1/1/2025] [Effective until 1/1/2030] "Manager" defined(a) As used in this chapter, "manager" means an individual designated under an operating agreement of a manager-managed limited liability company who is responsible for performing the management functions for the limited liability company specified in subdivision (c) of Section 17704.07 of the Corporations Code.(b) This section shall remain in effect only until January 1, 2030, and as of that date is repealed.Ca. Bus. and Prof. Code § 7512.15
Amended by Stats 2024 ch 484 (SB 1454),s 10, eff. 1/1/2025.Amended by Stats 2022 ch 625 (SB 1443),s 21, eff. 1/1/2023.Amended by Stats 2020 ch 312 (SB 1474),s 79, eff. 1/1/2021.Added by Stats 2017 ch 569 (SB 559),s 5, eff. 1/1/2018.This section is set out more than once due to postponed, multiple, or conflicting amendments.