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Tenn. Code Ann. § 48-241-107

Removal of a manager

Acts 1994, ch. 868, § 1.

(1) Unless otherwise provided in the articles or operating agreement, if the LLC is board-managed: A manager serves at the pleasure of the board of governors;

(2) The board of governors may remove a manager at any time with or without cause; and

(3) The board of governors may eliminate any manager position other than chief manager or secretary at any time.

(4) Unless otherwise provided in the articles or operating agreement, if the LLC is member-managed: A manager serves at the pleasure of the members;

(5) The members may remove a manager at any time with or without cause; and

(6) The members may eliminate any manager position other than chief manager or secretary at any time.

(7) The removal of a manager under subsection (a) or (b) is without prejudice to the contractual rights of the manager, if any.

Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.