Mass. Gen. Laws ch. 156C § 22
Current through Chapters 1 to 249 and Chapters 253 to 255 of the 2024 Legislative Session
Except as otherwise provided by this chapter, 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 personally liable, directly or indirectly, including, without limitation, by way of indemnification, contribution, assessment or otherwise, 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.
Mass. Gen. Laws ch. 156C, § 22