Miss. Code § 79-29-121

Current through 4/30/2024
Section 79-29-121 - Business transactions of member or manager with the limited liability company

A member or manager may lend money to and transact other business with the limited liability company and, subject to other applicable law, has the same rights and obligations with respect thereto as a person who is not a member or manager.

Miss. Code § 79-29-121

Laws, 2010, ch. 532, § 1, eff. 1/1/2011.