Current through Public Act 103-1052
Section 805 ILCS 180/13-5 - 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. Amended by P.A. 099-0637,§ 5, eff. 7/1/2017. P.A. 90-424, eff. 1-1-98.