Chapter 156C - LIMITED LIABILITY COMPANY ACT
- Section 156C:1 - Citation of chapter
- Section 156C:2 - Definitions
- Section 156C:3 - Name of limited liability company
- Section 156C:4 - Reservation of exclusive right to name
- Section 156C:5 - Office and agent for service of process in commonwealth
- Section 156C:5A - Change of agent or agent's address
- Section 156C:6 - Powers and privileges of limited liability company; information to be provided on certificate of organization or application for registration
- Section 156C:7 - Transaction of business between member or manager and limited liability company
- Section 156C:8 - Indemnification of member or manager
- Section 156C:9 - Records and documents
- Section 156C:10 - Furnishing of documents and information to members and managers
- Section 156C:11 - Reliance on records and documents
- Section 156C:12 - Certificate of organization
- Section 156C:13 - Amendment of certificate of organization
- Section 156C:14 - Cancellation of certificate of organization
- Section 156C:15 - Execution of certificate by authorized person
- Section 156C:16 - Failure or refusal to execute certificate; petitions and court orders
- Section 156C:17 - Filing of certificate with state secretary
- Section 156C:18 - Filing of certificate as notice
- Section 156C:19 - Restated certificates of organization
- Section 156C:20 - Admission as member of limited liability company
- Section 156C:21 - Rights, powers and duties of classes or groups of members
- Section 156C:22 - Debts, obligations and liabilities of limited liability company
- Section 156C:23 - Designation of manager
- Section 156C:24 - Management of limited liability company
- Section 156C:25 - Manager's membership in company
- Section 156C:26 - Relative rights, duties and powers of classes or groups of managers
- Section 156C:27 - Contributions of members
- Section 156C:28 - Members' obligations to limited liability company
- Section 156C:29 - Allocation of profits and losses
- Section 156C:30 - Distributions of cash or other assets
- Section 156C:31 - Entitlement to distributions
- Section 156C:32 - Distribution to resigning member
- Section 156C:33 - Form of distribution on demand; amount of distribution
- Section 156C:34 - Entitlement to creditor remedies
- Section 156C:35 - Liability for distribution in excess of terms of operating agreement
- Section 156C:36 - Resignation of member
- Section 156C:37 - Resignation of manager
- Section 156C:38 - Personal property
- Section 156C:39 - Assignment of interest
- Section 156C:40 - Judgment against member payable with interest in limited liability company
- Section 156C:41 - Membership of assignee
- Section 156C:42 - Death or incompetence of member
- Section 156C:43 - Dissolution of limited liability company
- Section 156C:44 - Court-decreed dissolution
- Section 156C:45 - Winding up affairs of dissolved limited liability company
- Section 156C:46 - Distribution of assets of limited liability company following dissolution
- Section 156C:47 - Laws applicable to foreign limited liability company
- Section 156C:48 - Registration of foreign limited liability company
- Section 156C:49 - Duties of state secretary with respect to foreign limited liability companies
- Section 156C:50 - Name of foreign limited liability company
- Section 156C:51 - Resident agent for foreign limited liability company
- Section 156C:52 - Correction or amendment of application for registration of foreign limited liability company
- Section 156C:53 - Cancellation of registration of foreign limited liability company
- Section 156C:54 - Failure to register; penalty; service of process
- Section 156C:55 - Suits by or against limited liability company
- Section 156C:56 - Suits on behalf of limited liability company
- Section 156C:57 - Court orders on termination of derivative suit
- Section 156C:58 - Lack of authority to sue
- Section 156C:59 - Consolidation or merger
- Section 156C:60 - Approval of consolidation or merger; objection; termination or amendment
- Section 156C:61 - Certificate of consolidation or merger
- Section 156C:62 - Rights, privileges, powers, property and debts of consolidated or merged business entity
- Section 156C:63 - Duties and liabilities of members and managers
- Section 156C:64 - Reorganization of limited liability company
- Section 156C:65 - Liability insurance
- Section 156C:66 - Recordable instruments affecting real property binding on limited liability company
- Section 156C:67 - Certification of authority to act for limited liability company
- Section 156C:68 - Good standing
- Section 156C:69 - Conversion of business entity to limited liability company
- Section 156C:70 - Administrative dissolution
- Section 156C:71 - Reinstatement
- Section 156C:72 - Revocation of authority