Va. Code § 13.1-1019

Current with changes from the 2024 legislative session through ch. 60
Section 13.1-1019 - Liability to third parties

Except as otherwise provided by this Code or as expressly provided in the articles of organization, no member, manager, organizer or other agent of a limited liability company, regardless of whether the limited liability company has a single member or multiple members, shall have any personal obligation for any liabilities of a limited liability company, whether such liabilities arise in contract, tort or otherwise, solely by reason of being a member, manager, organizer or agent of a limited liability company. For the purposes of this section, a person to whom the rights of a member or manager are delegated as provided in § 13.1-1022 or § 13.1-1024 shall be deemed an agent of a limited liability company.

Va. Code § 13.1-1019

1991, c. 168; 2004, c. 601; 2006, c. 912; 2015, c. 627.
Amended by Acts 2015 c. 627, § 1, eff. 7/1/2015.