2010 Pennsylvania Code
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 89 - Limited Liability Companies
8946 - Transactions by member or manager.

     § 8946.  Transactions by member or manager.
        (a)  General rule.--A member or manager may be an employee or
     other representative of and engage in transactions with a
     limited liability company to the same extent as a person who is
     not a member or manager of the company.
        (b)  Managers.--A person who is both a member and a manager
     of a company has the rights and powers and is subject to the
     duties and liabilities of a manager and has the rights, powers,
     duties and liabilities of a member to the extent of his
     participation in the company as a member.