2011 Arizona Revised Statutes
Title 29 Partnership
29-651 Liability to third parties


AZ Rev Stat § 29-651 (1996 through 1st Reg Sess 50th Legis) What's This?

29-651. Liability to third parties

Except as provided in this chapter, a member, manager, employee, officer or agent of a limited liability company is not liable, solely by reason of being a member, manager, employee, officer or agent, for the debts, obligations and liabilities of the limited liability company whether arising in contract or tort, under a judgment, decree or order of a court or otherwise.

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