<?xml version='1.0' encoding='utf-8'?>
<section article="gcl" article_name="Commercial Law" number="23-105" title_number="23" title_name="Operating Agreements -- Hotels and Retirement Communities" subtitle_number="1">
  <level label="a">
    <text>The covenant of good faith and fair dealing shall be implied in an operating agreement unless the operating agreement states that a party may perform a duty or obligation in the party’s sole discretion.</text>
  </level>
  <level label="b">
    <text>Unless an operating agreement contains a covenant or other provision that specifically incorporates a duty into the operating agreement, no duties shall be implied under the operating agreement.</text>
  </level>
</section>
