18 GCA § 15118: Liability of Members and Managers.
Where this section sits in the code
- Title 18: Business Structure and Function
- Division 1 - Business Structure
- Part 2 - Special Corporate Forms
- Chapter 15: Limited Liability Companies
Neither the members of a limited liability company nor the managers of a limited liability company managed by a manager or managers are liable under a judgment, decree, or order of a court, or in any other manner, for a debt, obligation, or liability of the limited liability company. If members or managers are professionals who will organize their business or service as a limited liability company, they will still remain liable for their professional performance.
Collected 2026-09-27T03:54:18Z. Source file · JSON