[§428-302] Limited liability company liable for member's or manager's actionable conduct.
72 words·~1 min read·
/hi/chapter-428/428-302A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
[§428-302] Limited liability company liable for member's or manager's actionable conduct. A limited liability company shall be liable for loss or injury caused to any person, or for a penalty incurred, as a result of a wrongful act or omission or other actionable conduct of a member or manager acting in the ordinary course of business of the company or with authority of the company. [L 1996, c 92, pt of §1]