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Bus. & Prof. Code, § 7512.15 · Article 1. General

Bus. & Prof. Code, § 7512.15

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

(a) As used in this chapter, “manager” means an individual designated under an operating agreement of a manager-managed limited liability company who is responsible for performing the management functions for the limited liability company specified in subdivision (c) of Section 17704.07 of the Corporations Code.

(b) This section shall remain in effect only until January 1, 2030, and as of that date is repealed.

Notes and commentary — not statutory text

History

Amended by Stats. 2024, Ch. 484, Sec. 10. (SB 1454) Effective January 1, 2025. Repealed as of January 1, 2030, by its own provisions.

Source of truth

Edition
As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file
https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=BPC&sectionNum=7512.15.
Text hash
sha256 c9f5fecfb1a38d3f80e02c18e9f3255cd52e2775d811de5a4f2459e8578d7ac0
Composed by
compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section

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