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2018 Minnesota Statutes
Chapters 300 - 323A — BUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS
Chapter 322C — MINNESOTA REVISED UNIFORM LIMITED LIABILITY COMPANY
Section 322C.0301 — NO AGENCY POWER OF MEMBER AS MEMBER.
Universal Citation: MN Stat § 322C.0301 (2018)
322C.0301 NO AGENCY POWER OF MEMBER AS MEMBER.
Subdivision 1. No automatic agency. A member is not an agent of a limited liability company solely by reason of being a member.
Subd. 2. Other law not affected. 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: 2014 c 157 art 1 s 26
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