11 V.S.A. § 4041: No agency power of member as member
Where this section sits in the code
- Title 11: Corporations, Partnerships and Associations
- Chapter 025: Limited Liability Companies
- Subchapter 003: RELATIONS OF MEMBERS AND MANAGERS TO PERSONS DEALING WITH LIMITED LIABILITY COMPANY
(a) A member is not an agent of a limited liability company solely by reason of being a member.
(b) A person’s status as a member does not prevent or restrict law other than this title from imposing liability on a limited liability company because of the person’s conduct.
Collected 2026-09-05T16:01:21Z. Source file · JSON