Common use of Member a party Clause in Contracts

Member a party. A person that is admitted as a member of a limited liability company becomes a party to and assents to the limited liability company agreement except as provided in section 1553, subsection 1. [PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c. 629, Pt. A, §3 (AFF).]

Appears in 6 contracts

Samples: Liability Company Agreement, Liability Company Agreement, Liability Company Agreement

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