Kan. Stat. § 17-7688

Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 17-7688 - Liability to third parties
(a) Except as otherwise provided by this act, the debts, obligations and liabilities of a limited liability company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the limited liability company, and no member or manager of a limited liability company shall be obligated personally for any such debt, obligation or liability of the limited liability company solely by reason of being a member or acting as a manager of the limited liability company.
(b) Notwithstanding the provisions of subsection (a), under an operating agreement or under another agreement, a member or manager may agree to be obligated personally for any or all of the debts, obligations and liabilities of the limited liability company.

K.S.A. 17-7688

Amended by L. 2014, ch. 40,§ 22, eff. 7/1/2014.
L. 1999, ch. 119, § 27; Jan. 1, 2000.