Cal. Bus. & Prof. Code § 7512.15
General
Redline — January 1, 2017 → current.View current text →
Current — January 1, 2025
As of January 1, 2017
(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.
(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(b) This section shall remain in effect only until January 1, 2021, and as of that date is repealed.
(b) This section shall remain in effect only until January 1, 2030, and as of that date is repealed.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.