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La. R.S. 12:1311

Management by members

Known as the Limited Liability Company Law

The act spans §§ 12-1190 to 12-1370 (93 sections).

Acts 1992, No. 780, §2, eff

PART III. MANAGEMENT AND MANAGEMENT

RIGHTS OF MEMBERS

§1311. Management by members

Except as otherwise provided in the articles of organization, the business of the limited liability company shall be managed by the members, subject to any provision in a written operating agreement restricting or enlarging the management rights and duties of any member or group or class of members.

Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.