Classes and series of members’ interests

(1) Members’ interests in a limited liability company may be, (a) of one or more classes or one or more series within any class thereof; (b) with voting powers, full or limited, or without voting powers; and (c) with such designations, preferences, rights, qualifications, limitations or restrictions thereon as shall be stated in the operating (2) A limited liability company may provide in its operating agreement for one or more classes or series of members’ interests which are redeemable, in whole or in part, at the option of the limited liability company at such price or prices, within such period and under such conditions as are stated in the operating agreement. (3) Unless otherwise provided in an operating agreement, a member’s interest in a limited liability company shall only be one class or series with the same rights and responsibilities for all members.