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Code · Illinois · Chapter 805 — BUSINESS ORGANIZATIONS · Act 180

Sec. 13-5. No agency power of a member as member.

80 words·~1 min read·/il/chapter-805/act-180/13-5

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Sec. 13-5. No agency power of a member as member.
(a)A member is not an agent of a limited liability company solely by reason of being a member.
(b)Nothing herein shall be deemed to limit the effect of law other than this Act, including the law of agency.
(c)A person's status as a member does not prevent or restrict law other than this Act from imposing liability on a limited liability company because of the person's conduct.
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