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2017 Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 3 - Corporations and Associations
Chapter 32 - Small Business Entity Tax Pass Through Act
Subchapter 11 - Suits by and Against the Limited Liability Company
§ 4-32-1103. Effect of lack of authority to sue
Universal Citation: AR Code § 4-32-1103 (2017)
The lack of authority of a member or manager to sue on behalf of the limited liability company may not be asserted as a defense to an action by the limited liability company or by the limited liability company as a basis for bringing a subsequent suit on the same cause of action.
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