Delaware Llc Operating Agreement Statute

(c) Notwithstanding any provisions to the contrary in this Chapter, a limited liability company, without restricting the general powers listed in subsection (b) of this Section, shall have the power and power to enter into guarantee and guarantee contracts and to enter into interest rates, subject to such standards and restrictions, where applicable, as provided for in its limited liability contract. Basic, currency, guarantee or other swap agreements or credit agreements, floor, put, calls, options, exchange or collar, derivative agreements or other agreements similar to those above. [3] See z.B. ULLCA (2001) § 105 (a) (4) (which states that “the company agreement governs, inter alia, `the means and conditions of the amendment of the company agreement`). Any act of interpretation, application or implementation of the provisions of a limited liability company or of the obligations, obligations or liabilities of a limited liability company vis-à-vis the members or officers of the limited liability company or the obligations, obligations or obligations between members or officers and members or officers of the limited liability company, or the rights or obligations of the limited liability company; The results or restrictions of the limited liability company, members or managers, or any provision of this Chapter or any other act, document, agreement or attestation provided for in a provision of this Chapter may be filed with the Court of Opportunity. The principle of freedom of contract is manifested in particular by the flexibility of management, the cornerstone of the DLLC law. The parties can choose the management agreement that suits them best. Under the DLLC Act, members of a DLLC can participate in the administration without compromising their limited liability, or choose to have the DLLC managed by someone else or develop a mix of both approaches. The social contract with limited liability may provide for different classes of managers, each with the rights, powers and obligations provided for therein. The limited liability company contract may also contain provisions relating to the exercise of voting rights, including provisions relating to the communication of the date, place or purpose of a meeting at which a matter is to be voted, waive such communication, measures by consent without a meeting, quorum requirements and rules relating to the person or agent. .

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