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2018 Idaho Statutes
Title 30 - CORPORATIONS
Chapter 25 - LIMITED LIABILITY COMPANIES
Part 3 - RELATIONS OF MEMBERS AND MANAGERS TO PERSONS DEALING WITH LIMITED LIABILITY COMPANY
Section 30-25-301 - NO AGENCY POWER OF MEMBER AS MEMBER.
Universal Citation: ID Code § 30-25-301 (2018)
30-25-301. NO AGENCY POWER OF MEMBER AS MEMBER. (a) A member is not an agent of a limited liability company solely by reason of being a member.
(b) A person’s status as a member does not prevent or restrict law other than this chapter from imposing liability on a limited liability company because of the person’s conduct.
History:
[30-25-301, added 2015, ch. 243, sec. 45, p. 878.]
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