2019 Indiana Code
Title 23. Business and Other Associations
Article 18. Limited Liability Companies
Chapter 8. Suits by and Against a Limited Liability Company
23-18-8-2. Determination of lack of authority to sue; prohibited assertions

Universal Citation:
IN Code § 23-18-8-2 (2019)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
IC 23-18-8-2 Determination of lack of authority to sue; prohibited assertions

Sec. 2. A determination that a member or manager does not have authority to sue on behalf of the limited liability company under section 1 of this chapter may not be asserted for the following:

(1) As a defense to an action brought by the limited liability company.

(2) As a basis for the limited liability company to bring a subsequent suit on the same cause of action.

As added by P.L.8-1993, SEC.301.

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