N.D. Cent. Code § 10-32.1-23

Current through 2023 Legislative Sessions

Section 10-32.1-23 - No agency power of a member as a member

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

2. The status of a person as a member does not prevent or restrict law other than this chapter from imposing liability on a limited liability company because of the conduct of the person.

N.D.C.C. § 10-32.1-23

Added by S.L. 2015, ch. 87 (HB 1136),§ 19, eff. 7/1/2015.