Current through the 2024 Regular Session
Section 30-25-301 - NO AGENCY POWER OF MEMBER AS MEMBER(a) A member is not an agent of a limited liability company solely by reason of being a member.(b) A person's status as a member does not prevent or restrict law other than this chapter from imposing liability on a limited liability company because of the person's conduct.[30-25-301, added 2015, ch. 243, sec. 45, p. 878.]Added by 2015 Session Laws, ch. 243,sec. 45, eff. 7/1/2015.