Examples of LLC Member in a sentence
Any action upon which a vote of the LLC Member is required or permitted, may be taken without a meeting, without prior notice and without a vote, if a consent in writing, setting forth the action so taken, shall be signed by the LLC Member.
Business transacted at any special meeting of the LLC Member shall be limited to the purpose(s) stated in the notice of the meeting.
Written notice of a special meeting stating the place, date and hour of the meeting and the purpose or purposes for which the meeting is called, shall be given to the LLC Member not less than ten (10) nor more than sixty (60) days before the date of the meeting.
The LLC Member has vested the power to manage, operate, and set policies for the Exchange exclusively in the Board of Directors.
The LLC Member shall designate one of the Directors to serve as Chairperson of the Board and may also designate one (1) or more Vice Chairpersons.