Minn. Stat. § 322C.0301

Current through Register Vol. 49, No. 8, August 19, 2024

Section 322C.0301 - NO AGENCY POWER OF MEMBER AS MEMBER

Subdivision 1.No automatic agency.

A member is not an agent of a limited liability company solely by reason of being a member.

Subd. 2.Other law not affected.

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.

Minn. Stat. § 322C.0301

2014 c 157 art 1 s 26

Added by 2014 Minn. Laws, ch. 157,s 1-26, eff. 8/1/2015.