West Virginia Resignation of Operator Under Operating Agreement

State:
Multi-State
Control #:
US-OG-767
Format:
Word; 
Rich Text
Instant download

Description

This form is used when the signing party , as of the Effective Date resigns as Operator, and relinquishes all rights and authority to act as Operator of the Contract Area under an operating agreement.

How to fill out Resignation Of Operator Under Operating Agreement?

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FAQ

§31B-1-112. (a) A limited liability company may be organized under this chapter for any lawful purpose, subject to any law of this state governing or regulating business. (12) Make payments or donations, or do any other act, not inconsistent with law, that furthers the business of the limited liability company.

West Virginia Code § 62-3-21 provides that if a defendant is charged by presentment or indictment and ?if there be three regular terms of court, after the presentment is made or the indictment is found, without trial ? it shall be forever discharged.? The statute provides exceptions to the general rule.

(a) Except as otherwise provided in subsection (b) of this section, all members of a limited liability company may enter into an operating agreement, which need not be in writing, to regulate the affairs of the company and the conduct of its business, and to govern relations among the members, managers and company.

(a) Every person has a right to inspect or copy any public record of a public body in this state, except as otherwise expressly provided by section four of this article. (b) A request to inspect or copy any public record of a public body shall be made directly to the custodian of such public record.

§48-7-101. Except as otherwise provided in this section, upon every judgment of annulment, divorce or separation, the court shall divide the marital property of the parties equally between the parties.

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West Virginia Resignation of Operator Under Operating Agreement