2011 Montana Code Annotated
TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS
CHAPTER 8. MONTANA LIMITED LIABILITY COMPANY ACT
Part 3. Relations of Members and Managers to Persons Dealing With Limited Liability Company
35-8-306. Limited liability company liability for member's or manager's conduct.


MT Code § 35-8-306 (1993 through 62d Legis Reg Sess) What's This?


35-8-306. Limited liability company liability for member's or manager's conduct. A limited liability company is liable for loss or injury caused to a person, or for a penalty incurred, as a result of a wrongful act or omission or other actionable conduct of a member or manager acting in the ordinary course of business of the company or with the authority of the company.

History: En. Sec. 15, Ch. 302, L. 1999.

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