R.I. Gen. Laws § 7-16-68
Current through 2024 Public Law 457
Real and personal property owned, purchased, or leased by a limited-liability company shall be held, owned, and conveyed in the limited-liability company name. Instruments and documents providing for the acquisition, mortgage or disposition of property of the limited-liability company are valid and binding on the limited-liability company if executed by one or more managers of a limited-liability company having a manager or managers or one or more members of a limited-liability company in which management has been retained in the members.
R.I. Gen. Laws § 7-16-68