N.Y. LLC Law § 415
This is the official text of N.Y. LLC Law § 415, part of New York’s LLC Law — part of the compiled statutory law of New York, published by the state as "LLC Law." Browse the sections below, each linked to its official government source.
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Resignation of managers
Official statutory text
§ 415. Resignation of managers. Except as provided in the operating\nagreement, a manager may resign at any time by giving written notice to\nthe limited liability company; provided, however, that if the\nresignation violates any provision contained in the operating agreement\nor the provision of any contractual agreement between the manager and\nthe limited liability company, the limited liability company may recover\nfrom such manager damages for such breach as provided by such operating\nagreement or contract or by law. The election of a manager shall not of\nitself create contract rights.\n
Status: in_force · Read it on the official government site
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