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92 chapters · 1,075 sections in this title.
Tenn. Code Ann. § 48-241-101 Managers required
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An LLC must have individuals exercising the functions of the offices, however designated, of chief manager and secretary.
Tenn. Code Ann. § 48-241-102 Duties of required managers
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(a) Presumption and Modification. Unless:(1) The articles or the operating agreement provide otherwise;(2) If the LLC is board-managed, a resolution of the board of governors providing otherwise; or(3) If the LLC is member-managed, a written resolution of the members providing ot…
Tenn. Code Ann. § 48-241-103 Election or appointment of managers
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(a) Board of Governors Form. If the LLC is board-managed, the board of governors shall elect or appoint, in a manner set forth in the articles or operating agreement or in a resolution approved by the affirmative vote of a majority of the governors present, the chief manager, sec…
Tenn. Code Ann. § 48-241-104 Qualifications of managers
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Managers need not be residents of this state or members of the LLC unless the articles or operating agreement so require. The articles or operating agreement may prescribe other qualifications for managers.
