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Code · Vermont · Title 11 — Corporations, Partnerships and Associations · Chapter 25

§ 4041.

64 words·~1 min read·/vt/title-11/chapter-25/4041

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§ 4041. No agency power of member as member
(a)A member is not an agent of a limited liability company solely by reason of being a member.
(b)A person’s status as a member does not prevent or restrict law other than this title from imposing liability on a limited liability company because of the person’s conduct. (Added 2015, No. 17, § 2.)
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