§ 8831. Status of member or manager as agent.
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/pa/title-15/chapter-88/8831A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 8831. Status of member or manager as agent.
(a)No agency power of member as member.-- A member is not an agent of a limited liability company solely by reason of being a member.
(b)Agency power of manager.-- If the certificate of organization states that the company is manager managed, the act of a manager for apparently carrying on in the usual way the business of the company binds the company unless the manager so acting has in fact no authority to act for the company in the particular matter and the person with whom the manager is dealing has knowledge of the fact that the manager does not have that authority.
(c)Liability of company under other law.-- A person's status as a member or manager does not prevent or restrict law other than this chapter from imposing liability on a limited liability company because of the person's conduct.
15c8832s