GroundRules
AS 10.50.265: Liability of members to third parties.
Where this section sits in the code
- Title 10. Corporations and Associations.
- Chapter 50. Alaska Revised Limited Liability Company Act.
- Article 7. Relationship to Third Parties.
A person who is a member of a limited liability company or a foreign limited liability company is not liable, solely by reason of being a member, under a judgment, decree, or order of a court, or in another manner, for a liability of the company to a third party, whether the liability arises in contract, tort, or another form, or for the acts or omissions of another member, manager, agent, or employee of the company to a third party.
Collected 2026-09-02T06:16:39Z. Source file · JSON