US Laws, Codes, Statutes & Cases

    I. Any reference to a professional limited liability company in this section shall include both domestic and foreign professional limited liability companies.
    II. Every individual who renders professional services as a member, manager, or employee of a professional limited liability company shall be liable for any negligent or wrongful act or omission in which he personally participates to the same extent as if he rendered the services as a sole practitioner. A member, manager, or employee of a professional limited liability company shall not be liable for the conduct of other members, managers, or employees unless he is at fault in appointing, supervising, or cooperating with them.
    III. Every professional limited liability company whose members, managers, or employees perform professional services within the scope of their membership or employment or of their apparent authority to act for the professional limited liability company shall be liable to the same extent as its members, managers, and employees.
    IV. Except as otherwise provided by law, the personal liability of a member, manager, or employee of a professional limited liability company shall be no greater in any respect than that of a member, manager, or employee of a limited liability company organized under the laws of this state applicable to limited liability companies.

Source. 1993, 313:1, eff. July 1, 1993.