D.C. Code § 29-803.01

Current through codified legislation effective September 18, 2024

Section 29-803.01 - No agency power of member as member

(a) A member shall not be an agent of a limited liability company solely by reason of being a member.

(b) A person's status as a member shall not prevent or restrict law other than this chapter from imposing liability on a limited liability company because of the person's conduct.

D.C. Code § 29-803.01

July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.

Uniform Law: This section is based on § ,301 of the Uniform Limited Company Act (2006 Act).