Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter57D. North Carolina Limited Liability Company Act. |
Article3. Membership and Management |
Part2. Managers |
§57D-3-22. Delegation of authority of managers and other company officials
Latest version.
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The managers having general power to manage the LLC may delegate authority to act on behalf of the LLC to persons other than managers. The delegation of authority may be general or limited to specific matters. No such delegation of authority will cause any manager to cease to be a manager or cause the person to whom authority is so delegated to be a manager. Any duties of the managers will apply with respect to their delegation to, and direction and control of, any person to whom they delegate any of their responsibilities.
(2013-157, s. 2.)