Ky. Rev. Stat. § 275.095

Current through 2024 Ky. Acts ch.225
Section 275.095 - Personal liability when acting without authority

All persons purporting to act as or on behalf of a limited liability company, knowing there has been no organization under this chapter, or who assume to act for a limited liability company without authority to do so, shall be jointly and severally liable for all liabilities created while so acting.

KRS 275.095

Effective:7/15/2010
Repealed and reenacted 2010, Ky. Acts ch. 51, sec. 104, effective7/15/2010. -- Amended 2007, Ky. Acts ch. 137, sec. 104, effective 6/26/2007. --Created 1994 Ky. Acts ch. 389, sec. 19, effective 7/15/1994.