2013 New Hampshire Revised Statutes
Title XXVIII - PARTNERSHIPS
Chapter 304-C - LIMITED LIABILITY COMPANIES
Section 304-C:23 - Liability of Members and Managers to Third Parties.


NH Rev Stat § 304-C:23 (2013) What's This?

    304-C:23 Liability of Members and Managers to Third Parties. –
    I. Except as provided in RSA 304-C:144, IV(b) and paragraph II:
       (a) The debts, obligations, and liabilities of a limited liability company, whether arising in contract, tort, or otherwise, shall be solely the debts, obligations, and liabilities of the limited liability company; and
       (b) No member or manager of a limited liability company shall be obligated personally for any such debt, obligation, or liability of the limited liability company solely by reason of being a member or acting as a manager of the limited liability company.
    II. A member or manager may agree under an operating agreement or other agreement to be personally liable for any or all of the debts, obligations, and liabilities of the limited liability company.

Source. 2012, 232:2, eff. Jan. 1, 2013.


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